HB4755 - Relating to the authority of certain municipalities to use hotel occupancy tax revenue for certain venue projects.

  89R19895 CJD-D     By: Lopez of Cameron, Muñoz, Guillen, H.B. No. 4755       Raymond, Lujan, et al.       A BILL TO BE ENTITLED   AN ACT   relating to the authority of certain municipalities to use hotel   occupancy tax revenue for certain venue projects.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 334.0082, Local Government Code, is   amended by adding Subsections (d) and (e) to read as follows:           (d)     Notwithstanding Subsection (a) and subject to this   subsection, this section also applies to a municipality that has a   population of not more than 25,000, that contains a cultural   heritage museum, and that is located in a county that borders the   United Mexican States and the Gulf of Mexico.   A municipality   described by this subsection may impose a tax as authorized under   Subsection (b)(2) only to finance a convention center constructed   before January 1, 2025. The authority of the municipality to impose   the tax as authorized under Subsection (b)(2) expires on the   earlier of:                 (1)     the date the debt issued for the convention center   described by this subsection is repaid; or                 (2)  January 1, 2056.           (e)     Subsection (d) and this subsection expire January 1,   2056.          SECTION 2.  This Act takes effect September 1, 2025.