Texas SB1556 amends tax code to specify which municipalities can use tax revenue for hotel and convention center projects.

Texas SB1556 amends the Tax Code to define which municipalities can use certain tax revenue for hotel and convention center projects. The bill lists specific criteria for municipalities, including population size, geographic location, and presence of certain landmarks or institutions. For example, it includes municipalities with populations over 180,000 located in two counties, each with a population of 100,000 or more, and containing an American Quarter Horse Hall of Fame and Museum.

Texas SB1556 amends tax code to specify which municipalities can use tax revenue for hotel and convention center projects.

Texas SB1556 amends the Tax Code to define which municipalities can use certain tax revenue for hotel and convention center projects. The bill lists specific criteria for municipalities, including population size, geographic location, and presence of certain landmarks or institutions. For example, it includes municipalities with populations over 180,000 located in two counties, each with a population of 100,000 or more, and containing an American Quarter Horse Hall of Fame and Museum.