SB1885 - Relating to the authority of certain municipalities to use certain tax revenue for a hotel and convention center project and to receive certain tax revenue related to the project.

  89R9099 RDS-D     By: Sparks S.B. No. 1885       A BILL TO BE ENTITLED   AN ACT   relating to the authority of certain municipalities to use certain   tax revenue for a hotel and convention center project and to receive   certain tax revenue related to the project.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 351.155(d), Tax Code, is amended to read   as follows:          (d)  Subsection (c) does not apply to :                 (1)   a municipality with a population of 175,000 or   more ; or                 (2)     a municipality described by Section 351.152(12)   that has a population of 130,000 or more .          SECTION 2.  Section 351.157, Tax Code, is amended by adding   Subsection (b-1) to read as follows:           (b-1)     In addition to the municipalities described by   Subsection (b), this section applies to a municipality described by   Section 351.155(d)(2).          SECTION 3.  This Act takes effect immediately if it receives   a vote of two-thirds of all the members elected to each house, as   provided by Section 39, Article III, Texas Constitution.  If this   Act does not receive the vote necessary for immediate effect, this   Act takes effect September 1, 2025.