Texas SB2670 amends tax revenue use for hotel and convention center projects in specific municipalities.
Texas SB2670 amends the Tax Code to redefine the authority of certain municipalities to use tax revenue for hotel and convention center projects. The bill specifies that these authorities apply to municipalities meeting certain population and geographic criteria, such as being located in counties with specific populations or containing notable landmarks. The bill also adjusts the definition of "qualified project" for local government corporations authorized to collect a municipal hotel occupancy tax.
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