Texas SB2947 expands the authority of certain municipalities to use tax revenue for qualified projects.
Texas SB2947 amends the Tax Code to allow specific municipalities to use certain tax revenue for qualified projects. These municipalities include those with a population between 5,000 and 40,000, those adjacent to another state, and those in a county containing part of the Lyndon B. Johnson National Grassland. The bill takes effect on September 1, 2025.
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