Texas SB1483 amends tax code to specify which municipalities can receive and pledge tax revenue for hotel and convention center projects.

Texas SB1483 amends Section 351.152 of the Tax Code to specify the municipalities eligible to receive and pledge tax revenue for hotel and convention center projects. The bill lists various criteria for municipalities, including population size, location in specific counties, and the presence of certain landmarks or institutions. The changes take effect immediately if approved by a two-thirds vote in both houses, otherwise on September 1, 2025.

Texas SB1483 amends tax code to specify which municipalities can receive and pledge tax revenue for hotel and convention center projects.

Texas SB1483 amends Section 351.152 of the Tax Code to specify the municipalities eligible to receive and pledge tax revenue for hotel and convention center projects. The bill lists various criteria for municipalities, including population size, location in specific counties, and the presence of certain landmarks or institutions. The changes take effect immediately if approved by a two-thirds vote in both houses, otherwise on September 1, 2025.