S.B. No. 913 proposes changes to the use of hotel occupancy tax revenue by certain municipalities in Texas. The bill repeals Section 351.1035 of the Tax Code, which indicates a significant alteration in how municipalities may utilize this revenue. The legislation specifies that the changes will only apply to revenue collected on or after the effective date of the Act, ensuring that any revenue collected prior will still be governed by the previous law.

The Act is designed to take effect immediately upon receiving a two-thirds majority vote from all elected members in both houses of the legislature. If this threshold is not met, the Act will come into effect on September 1, 2025. This timeline allows for a transition period for municipalities to adjust to the new regulations regarding hotel occupancy tax revenue.

Statutes affected:
Introduced: Tax Code 351.1035 (Tax Code 351)
Senate Committee Report: Tax Code 351.1035 (Tax Code 351)