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TX SB1703
Bill
Status
2/27/2025
Primary Sponsor
Tan Parker
Click for details
AI Summary
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Amends Section 351.152 of the Texas Tax Code to expand the list of municipalities eligible to use tax revenue from hotel and convention center projects
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Adds a new category (Subdivision 67) for municipalities with populations between 130,000 and 1.3 million that are located in three counties, each with a population of more than 900,000
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Maintains the existing 66 categories of eligible municipalities, which are defined by various combinations of population thresholds, geographic features, proximity to landmarks, and county characteristics
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Takes effect immediately if passed by two-thirds vote of both legislative chambers; otherwise takes effect September 1, 2025
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Filed by Senator Parker on February 27, 2025, and reported favorably as a committee substitute by Senator Sparks from the Economic Development Committee on May 5, 2025 (4-0 vote)
Legislative Description
Relating to the authority of certain municipalities to use certain tax revenue derived from a hotel and convention center project.
Taxation
Last Action
Committee report printed and distributed
5/5/2025