TITLE: Relating to the use of tax revenue by certain municipalities for the payment of certain hotel-related bonds or other obligations.

SUMMARY: Relating to the use of tax revenue by certain municipalities for the payment of certain hotel-related bonds or other obligations.

FULL TEXT:
AN ACT relating to the use of tax revenue by certain municipalities for the payment of certain hotel-related bonds or other obligations. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Sections 351.102(e) and (g), Tax Code, are amended to read as follows: (e) In addition to the municipalities described by Subsection (b), that subsection also applies to: (1) a municipality with a population of at least 110,000 but not more than 135,000 at least part of which is located in a county with a population of not more than 135,000; (2) a municipality with a population of at least 9,000 but not more than 10,000 that is located in two counties, each of which has a population of at least 662,000 and a southern border with a county with a population of 2.3 million or more; (3) a municipality with a population of at least 200,000 but not more than 300,000 that contains a component institution of the Texas Tech University System; (4) a municipality with a population of at least 95,000 that borders Lake Lewisville; (5) a municipality that: (A) contains a portion of Cedar Hill State Park; (B) has a population of more than 45,000; (C) is located in two counties, one of which has a population of more than two million and one of which has a population of more than 149,000; and (D) has adopted a capital improvement plan for the construction or expansion of a convention center facility; (6) a municipality with a population of less than 6,000 that: (A) is located in two counties each with a population of 600,000 or more that are both adjacent to a county with a population of two million or more; (B) has full-time police and fire departments; and (C) has adopted a capital improvement plan for the construction or expansion of a convention center facility; (7) a municipality with a population of at least 56,000 that: (A) borders Lake Ray Hubbard; and (B) is located in two counties, one of which has a population of less than 80,000; (8) a municipality with a population of more than 83,000, that borders Clear Lake, and that is primarily located in a county with a population of less than 300,000; (9) a municipality with a population of less than 2,000 that: (A) is located adjacent to a bay connected to the Gulf of Mexico; (B) is located in a county with a population of 290,000 or more that is adjacent to a county with a population of four million or more; and (C) has a boardwalk on the bay; (10) a municipality with a population of 75,000 or more that: (A) is located wholly in one county with a population of 575,000 or more that is adjacent to a county with a population of four million or more; and (B) has adopted a capital improvement plan for the construction or expansion of a convention center facility; (11) a municipality with a population of less than 75,000 that is located in three counties, at least one of which has a population of at least four million; [and] (12) an eligible coastal municipality with a population of more than 3,000 but less than 5,000;and (13) a municipality with a population of more than 20,000 but less than 25,000, that contains a portion of Mustang Bayou, and that is wholly located in a county with a population of less than 500,000.(g) A municipality to which this section applies may not receive or pledge revenue or funds under Subsection (b) or (c) for a hotel project unless the municipality enters into an agreement with a person for the development of the hotel project before September 1, 2024 [2019].SECTION 2. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution.