Texas SB2565 amends the Tax Code to specify which municipalities can use tax revenue from a hotel and convention center project and pledge certain.
Texas SB2565 amends the Tax Code to specify the applicability of certain tax revenue provisions to specific municipalities based on population and other criteria. The bill details which municipalities can use tax revenue derived from a hotel and convention center project and pledge certain tax revenue for the payment of obligations related to the project. The changes apply to municipalities meeting specific population thresholds and other criteria, such as being located in certain counties, containing particular landmarks, or hosting certain events.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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