H.B. No. 2370 amends the Local Government Code to grant certain municipalities the authority to utilize hotel occupancy tax revenue for specific venue projects. The bill introduces new provisions that allow municipalities with populations between 70,000 and 180,000, located in counties bordering the United Mexican States and the Gulf of Mexico, to impose a tax to finance convention centers constructed before January 1, 2023. This authority is limited to the repayment of debt issued for the convention center or until January 1, 2054, whichever comes first.

Additionally, the new subsections (d) and (e) specify that the provisions allowing this tax will expire on January 1, 2054. The bill is set to take effect on September 1, 2025, providing a framework for municipalities to enhance their convention facilities while ensuring a clear timeline for the tax's applicability and expiration.

Statutes affected:
Introduced: Local Government Code 334.0082 (Local Government Code 334)
House Committee Report: Local Government Code 334.0082 (Local Government Code 334)
Engrossed: Local Government Code 334.0082 (Local Government Code 334)