S.B. No. 1444 amends the Texas Tax Code to expand the authority of certain municipalities to receive tax revenue from hotel and convention center projects. The bill updates Section 351.152 by adding new criteria for municipalities eligible to receive such tax revenue, specifically including municipalities that are the county seat of a county with a population of 60,000 or less that borders the Rio Grande and contains a U.S. military fort listed in the National Register of Historic Places. Additionally, it introduces a new category for municipalities through which the Comal River flows, thus broadening the scope of municipalities that can benefit from these tax revenues.

Furthermore, the bill modifies Section 351.157(b) to include the newly added municipalities in the list of those eligible for tax revenue derived from hotel and convention center projects. The changes aim to enhance local economic development by allowing more municipalities to leverage tax revenue for related obligations. The act is set to take effect immediately upon receiving a two-thirds vote from both houses or on September 1, 2025, if that threshold is not met.

Statutes affected:
Introduced: Tax Code 351.152, Tax Code 351.157 (Tax Code 351)