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TX SB1556
Bill
Status
2/21/2025
Primary Sponsor
Peter Flores
Click for details
AI Summary
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Adds a new category of municipality (Subdivision 66) eligible to use hotel occupancy tax revenue for hotel and convention center projects under Section 351.152 of the Tax Code
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The newly eligible municipalities must have a population of 7,000 or more and contain Lake Marble Falls (likely targeting Marble Falls, Texas)
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The bill amends existing law that already authorizes 64 other specifically-defined municipalities to use this tax revenue for such projects
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Takes effect immediately if passed with two-thirds vote in both chambers; otherwise takes effect September 1, 2025
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Committee substitute was reported favorably by the Senate Economic Development Committee on May 5, 2025, with a 4-0 vote
Legislative Description
Relating to the authority of certain municipalities to use certain tax revenue for hotel and convention center projects.
Taxation
Last Action
Not again placed on intent calendar
5/14/2025