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TX HB2370
Bill
Status
5/14/2025
Primary Sponsor
Janie Lopez
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AI Summary
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Authorizes municipalities with populations between 70,000 and 180,000 that are located in a county bordering both Mexico and the Gulf of Mexico to use hotel occupancy tax revenue for venue projects
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Restricts the use of this tax authority to financing convention centers that were constructed before January 1, 2023
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Sets the tax authority to expire on either the date the convention center debt is fully repaid or January 1, 2054, whichever occurs first
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The provisions automatically expire on January 1, 2054
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Effective date is September 1, 2025
Legislative Description
Relating to the authority of certain municipalities to use hotel occupancy tax revenue for certain venue projects.
Taxation
Last Action
Referred to Economic Development
5/21/2025