H.B. No. 3377 amends the Texas Tax Code to expand the authority of certain municipalities to utilize specific tax revenue for hotel and convention center projects, as well as other qualified projects. The bill specifically modifies Section 351.153(a) to include additional municipalities by inserting references to new categories (22), (29), and (58) alongside the existing categories (5) and (6) that were previously specified.

The bill is set to take effect on September 1, 2025, allowing the identified municipalities to leverage tax revenue for the development and enhancement of tourism-related infrastructure, thereby potentially boosting local economies and attracting more visitors to these areas.

Statutes affected:
Introduced: Tax Code 351.153 (Tax Code 351)