Texas HB2289 amends the Tax Code to specify which municipalities can use tax revenue from a hotel and convention center project.

Texas HB2289 amends the Tax Code to define the applicability of tax revenue from a hotel and convention center project. The bill specifies that certain municipalities, based on population and geographic criteria, can use this tax revenue. These include municipalities hosting cultural events, located in counties with specific populations, or situated near significant geographic features. The bill also details the conditions under which these municipalities can pledge tax revenue for project obligations.

Texas HB2289 amends the Tax Code to specify which municipalities can use tax revenue from a hotel and convention center project.

Texas HB2289 amends the Tax Code to define the applicability of tax revenue from a hotel and convention center project. The bill specifies that certain municipalities, based on population and geographic criteria, can use this tax revenue. These include municipalities hosting cultural events, located in counties with specific populations, or situated near significant geographic features. The bill also details the conditions under which these municipalities can pledge tax revenue for project obligations.