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TX SB1518
Bill
Status
2/21/2025
Primary Sponsor
Charles Schwertner
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AI Summary
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Amends Section 351.155(d) of the Tax Code to expand exemptions from certain restrictions on municipal use of hotel occupancy tax revenue for hotel and convention center projects
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Adds municipalities described by Section 351.152(10) to the list of entities exempt from subsection (c) requirements, alongside municipalities with populations of 175,000 or more
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Section 351.152(10) typically refers to specific smaller municipalities that meet particular criteria related to tourism development
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Takes effect immediately upon receiving a two-thirds vote from both legislative chambers, otherwise becomes effective September 1, 2025
Legislative Description
Relating to the authority of certain municipalities to use certain tax revenue for hotel and convention center projects.
Taxation
Last Action
Referred to Economic Development
3/6/2025