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TX SB1885
Bill
Status
3/4/2025
Primary Sponsor
Kevin Sparks
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AI Summary
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Expands exceptions to state hotel occupancy tax revenue restrictions to include municipalities described in Section 351.152(12) with populations of 130,000 or more, in addition to the existing exception for municipalities with populations of 175,000 or more
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Allows the newly qualifying municipalities to use certain tax revenue for hotel and convention center projects without being subject to limitations in Section 351.155(c)
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Extends provisions under Section 351.157 regarding state tax revenue rebates to the newly qualifying municipalities for hotel and convention center projects
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Takes effect immediately upon receiving a two-thirds vote from both legislative chambers, otherwise takes effect September 1, 2025
Legislative Description
Relating to the authority of certain municipalities to use certain tax revenue for a hotel and convention center project and to receive certain tax revenue related to the project.
Taxation
Last Action
Referred to Economic Development
3/17/2025