The bill amends Section 351.152 of the Texas Tax Code to expand the list of municipalities eligible to use certain tax revenues for hotel and convention center projects. Notably, it introduces new criteria for eligibility, including a municipality that is the county seat of a county with a population of 60,000 or less that borders the Rio Grande and contains a United States military fort listed in the National Register of Historic Places. Additionally, it adds a new category for municipalities with a population of 7,000 or more that contain Lake Marble Falls.

The bill also removes a previous provision that was not specified in the summary. The changes aim to provide more municipalities with the authority to utilize tax revenue for the development of hotel and convention center projects, thereby potentially enhancing local economies and tourism. The act is set to take effect immediately upon receiving a two-thirds vote from both houses of the legislature or on September 1, 2025, if such a vote is not achieved.

Statutes affected:
Introduced: Tax Code 351.152, Tax Code 351.153 (Tax Code 351)
House Committee Report: Tax Code 351.152 (Tax Code 351)