TX HB5634

Amends Section 351.1015 of the Tax Code to allow municipalities described in Subsection (b)(2) to satisfy project commencement requirements by starting any one designated qualified project within the specified period, enabling use of project financing zone revenues for all designated qualified projects

"Qualified project" for applicable municipalities is defined as only a convention center facility, a venue described in Section 334.001(4)(A) of the Local Government Code, and related infrastructure

Permits municipalities to designate additional qualified projects within an established project financing zone by ordinance, provided the additional project is within 1,000 feet of an already-designated project's outer wall

Additional qualified projects cannot extend the duration, boundaries, or compliance timeline of the established project financing zone

Requires municipalities to notify the comptroller within 30 days of adopting an ordinance adding a qualified project to a financing zone

Effective date: September 1, 2025