Tex.
Gov't Code Section 477.0203
Municipal or County Election
(a)
An endorsing municipality or endorsing county must hold an election in the municipality or county to determine whether the municipality or county may contribute a portion of its sales and use taxes to the trust fund under this chapter. The election must be held on a uniform election date before the date a site selection organization requires the endorsing municipality or endorsing county and the state to enter into a joinder undertaking relating to the applicable games.(b)
If an endorsing municipality or endorsing county is required to hold an election under this section and the contribution of a portion of the municipality’s or county’s sales and use taxes to the trust fund under this chapter is not approved by a majority of the voters voting in the election:(1)
the comptroller may not establish the trust fund under this chapter, may not retain the municipality’s or county’s tax revenue under Section 477.0102 (Deposit of Municipal and County Tax Revenue) from amounts otherwise required to be sent to that municipality or county, and may not transfer any state tax revenue into the trust fund;(2)
the office is not required to determine the incremental increase in municipal, county, or state tax revenue under Section 477.0051 (Determination of Incremental Increase in Certain Tax Receipts); and(3)
the office may not enter into a games support contract relating to the games for which the municipality or county has authorized a bid on its behalf.(c)
Notwithstanding any other provisions of this subtitle, an endorsing municipality or endorsing county is not required to hold an election to contribute its mixed beverage tax revenue or its hotel occupancy tax revenue to the trust fund under this chapter.
Source:
Section 477.0203 — Municipal or County Election, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.477.htm#477.0203 (accessed Apr. 29, 2024).
