H.B. No. 3377 amends the Texas Tax Code to expand the authority of certain municipalities to utilize tax revenue for hotel and convention center projects, as well as other qualified projects. Specifically, the bill modifies Section 351.153(a) to include additional municipalities by inserting the identifiers (22), (29), and (58) into the list of municipalities eligible under Section 351.152.

The bill is set to take effect on September 1, 2025, allowing the newly designated municipalities to access these tax revenues for the specified projects, thereby potentially enhancing local economic development and tourism initiatives.

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