Texas HB3500 amends the Tax Code to specify which municipalities can receive and pledge additional tax revenue from hotel and convention center.

Texas HB3500 amends Section 351.157(b) of the Tax Code to limit the application of this section to specific municipalities. These municipalities are identified by various sections of 351.152. The bill also outlines the effective date, stating that it will take effect immediately if it receives a two-thirds vote in both houses of the legislature, otherwise it will take effect on September 1, 2025.

Texas HB3500 amends the Tax Code to specify which municipalities can receive and pledge additional tax revenue from hotel and convention center.

Texas HB3500 amends Section 351.157(b) of the Tax Code to limit the application of this section to specific municipalities. These municipalities are identified by various sections of 351.152. The bill also outlines the effective date, stating that it will take effect immediately if it receives a two-thirds vote in both houses of the legislature, otherwise it will take effect on September 1, 2025.