Texas SB2090 amends the Tax Code to specify which municipalities can receive and pledge tax revenue from hotel and convention center projects.

Texas SB2090 amends the Tax Code to limit the authority of certain municipalities to receive and pledge tax revenue derived from hotel and convention center projects. Specifically, Section 351.153(a) now applies only to municipalities described by certain sections of the code, and Section 351.157(b) applies to additional specified municipalities. The bill takes effect immediately if it receives a two-thirds vote in both houses of the legislature; otherwise, it takes effect September 1, 2025.

Texas SB2090 amends the Tax Code to specify which municipalities can receive and pledge tax revenue from hotel and convention center projects.

Texas SB2090 amends the Tax Code to limit the authority of certain municipalities to receive and pledge tax revenue derived from hotel and convention center projects. Specifically, Section 351.153(a) now applies only to municipalities described by certain sections of the code, and Section 351.157(b) applies to additional specified municipalities. The bill takes effect immediately if it receives a two-thirds vote in both houses of the legislature; otherwise, it takes effect September 1, 2025.