SB1444 amends the Texas Tax Code to specify which municipalities can use tax revenue from hotel and convention center projects.

SB1444 amends the Texas Tax Code to specify which municipalities can use tax revenue from hotel and convention center projects. The bill lists specific criteria for municipalities, including population size, geographic location, and presence of certain landmarks or institutions. It also details conditions under which these municipalities can pledge tax revenue for project obligations. The changes take effect immediately if approved by two-thirds of the legislature, otherwise, they take effect September 1, 2025.

SB1444 amends the Texas Tax Code to specify which municipalities can use tax revenue from hotel and convention center projects.

SB1444 amends the Texas Tax Code to specify which municipalities can use tax revenue from hotel and convention center projects. The bill lists specific criteria for municipalities, including population size, geographic location, and presence of certain landmarks or institutions. It also details conditions under which these municipalities can pledge tax revenue for project obligations. The changes take effect immediately if approved by two-thirds of the legislature, otherwise, they take effect September 1, 2025.