Texas HB4755 allows specific municipalities to use hotel occupancy tax revenue for venue projects.

Texas HB4755 amends the Local Government Code and Tax Code to allow certain municipalities to use hotel occupancy tax revenue for venue projects. Eligible municipalities include those with populations over 140,000 but less than 1.5 million, those with populations of 250,000 or more on barrier islands bordering the Gulf of Mexico, and those with populations of 200,000 or more in counties with populations of 900,000 or more.

Texas HB4755 allows specific municipalities to use hotel occupancy tax revenue for venue projects.

Texas HB4755 amends the Local Government Code and Tax Code to allow certain municipalities to use hotel occupancy tax revenue for venue projects. Eligible municipalities include those with populations over 140,000 but less than 1.5 million, those with populations of 250,000 or more on barrier islands bordering the Gulf of Mexico, and those with populations of 200,000 or more in counties with populations of 900,000 or more.