SB2090 - Relating to the authority of certain municipalities to receive certain tax revenue derived from a hotel and convention center project and to pledge certain tax revenue for the payment of obligations related to the project.

      By: Hughes S.B. No. 2090               A BILL TO BE ENTITLED   AN ACT   relating to the authority of certain municipalities to receive   certain tax revenue derived from a hotel and convention center   project and to pledge certain tax revenue for the payment of   obligations related to the project.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 351.153(a), Tax Code, is amended to read   as follows:          (a)  This section applies only to a municipality described by   Section 351.152 (5), (6), (9),  or (58).          SECTION 2.  Section 351.157(b), Tax Code, is amended to read   as follows:          (b)  This section applies only to:                (1)  a municipality described by Section 351.152(3);                (1-a)  a municipality described Section 351.152(5);                (2)  a municipality described by Section 351.152(6);                (3)  a municipality described by Section 351.152(7);                 (3-a)  a municipality described by Section 351.152(9);                (4)  a municipality described by Section 351.152(10);                (4-a)  a municipality described by Section   351.152(14);                (5)  a municipality described by Section 351.152(16);                (6)  a municipality described by Section 351.152(22);                (7)  a municipality described by Section 351.152(25);                (8)  a municipality described by Section 351.152(34);                (9)  a municipality described by Section 351.152(35);                (10)  a municipality described by Section 351.152(36);                (11)  a municipality described by Section 351.152(38);                (11-a)  a municipality described by Section   351.152(41);                (12)  a municipality described by Section 351.152(43);                (13)  a municipality described by Section 351.152(46);                (14)  a municipality described by Section 351.152(47);                (15)  a municipality described by Section 351.152(49);                (16)  a municipality described by Section 351.152(53);                (17)  a municipality described by Section 351.152(54);                (18)  a municipality described by Section 351.152(56);                (19)  a municipality described by Section 351.152(58).          SECTION 2.  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.