Texas HB5625 amends the Tax Code to allow certain municipalities and local government corporations to use tax revenue for qualified projects.
Texas HB5625 amends the Tax Code to allow certain municipalities and local government corporations to use tax revenue for qualified projects. This applies to municipalities with populations between 650,000 and 750,000, or those with at least 750,000 residents located on the Texas/Mexico border. Local government corporations authorized to collect a municipal hotel occupancy tax, located in counties on the Texas/Mexico border with populations between 860,000 and 950,000, can also use tax revenue for qualified projects, which include venues and related infrastructure.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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