Texas SB1921 amends the Local Government Code to modify the requirements for establishing a public improvement district in certain municipalities.
Texas SB1921 amends the Local Government Code to change the criteria for establishing a public improvement district in certain municipalities. The bill specifies that a petition for such a district must be signed by qualified petitioners representing more than 60 percent of the appraised value of hotel property liable for assessment. These petitioners must be individuals in management positions overseeing hotel operations, such as owners, general managers, or regional managers, and must affirm their authority to contract on behalf of the hotel.
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