Texas HB1039 repeals a section of the Tax Code related to hotel occupancy tax revenue for certain municipalities.

Texas HB1039 repeals Section 351.1035 of the Tax Code, which pertains to the use of hotel occupancy tax revenue by certain municipalities. The change applies to revenue collected after the effective date of the Act. For revenue collected before the effective date, the former law remains in effect. The Act can take effect immediately if it receives a two-thirds vote in both legislative houses, otherwise, it will take effect on September 1, 2025.

Texas HB1039 repeals a section of the Tax Code related to hotel occupancy tax revenue for certain municipalities.

Texas HB1039 repeals Section 351.1035 of the Tax Code, which pertains to the use of hotel occupancy tax revenue by certain municipalities. The change applies to revenue collected after the effective date of the Act. For revenue collected before the effective date, the former law remains in effect. The Act can take effect immediately if it receives a two-thirds vote in both legislative houses, otherwise, it will take effect on September 1, 2025.