Texas HB3377 amends the Tax Code to limit the use of certain tax revenue to specific municipalities for hotel and convention center projects.
Texas HB3377 amends Section 351.153(a) of the Tax Code to specify that certain tax revenue can only be used by municipalities described in Sections 351.152(5), (6), (22), (29), or (58). This change restricts the use of this tax revenue to particular cities for projects such as hotels and convention centers, and other qualified projects. The bill is set to take effect on September 1, 2025.
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