HB5625 - Relating to the authority of certain municipalities and local government corporations to use certain tax revenue for certain qualified projects.

      By: Perez of El Paso H.B. No. 5625       A BILL TO BE ENTITLED   AN ACT   relating to the authority of certain municipalities and local   government corporations to use certain tax revenue for certain   qualified projects.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 351.105, Tax Code, is amended by   amending Subsection (b) and adding Subsection (k) to read as   follows:          (b)  This section applies only to a qualified project located   in :                 (1)   a municipality with a population of at least   650,00 but less than 750,000 according to the most recent federal   decennial census ; or                 (2)     a municipality with a population of at least   750,000 located on the Texas/Mexico border.          (k)  A local government corporation to which this subsection   applies may act as a municipality under this section and is   considered to be a municipality for purposes of this section. With   respect to a local government corporation to which this subsection   applies, the term "qualified project" includes a venue and any   related infrastructure. This subsection applies only to a local   government corporation that:                (1)  is authorized to collect a municipal hotel   occupancy tax; and                 (2)     is located in a county on the Texas/Mexico border   with a population of more than 860,000 but less than 950,000.          SECTION 2.  This Act takes effect September 1, 2025.