Texas Tax Code

Sec. § 351.106
Allocation of Revenue: Populous Municipalities With Council-manager Government


(a)

A municipality that has a population of 1.18 million or more, is located predominantly in a county that has a total area of less than 1,000 square miles, and that has adopted a council-manager form of government shall use the amount of revenue from the tax that is derived from the application of the tax at a rate of more than four percent of the cost of a room as follows:

(1)

no more than 55 percent to:

(A)

constructing, improving, enlarging, equipping, and repairing the municipality’s convention center complex; or

(B)

pledging payment of revenue bonds and revenue refunding bonds issued under Subchapter A, Chapter 1504 (Obligations for Municipal Buildings), Government Code, for the municipality’s convention center complex; and

(2)

at least 45 percent for the purposes provided by Section 351.101 (Use of Tax Revenue)(a)(3).

(b)

Revenue received by a municipality described by Subsection (a) from the application of the tax at a rate of four percent or less may be used as provided by Section 351.101 (Use of Tax Revenue).

(c)

A municipality to which this section applies:

(1)

is entitled to receive in the same manner all funds and revenue that a municipality to which Section 351.1015 (Certain Qualified Projects) applies may receive under that section; and

(2)

may pledge the funds and revenue for the payment of obligations incurred for the construction of qualified projects authorized under that section.
Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1989, 71st Leg., ch. 2, Sec. 14.23(b), eff. Aug. 28, 1989; Acts 1991, 72nd Leg., ch. 597, Sec. 108, eff. Sept. 1, 1991; Acts 2001, 77th Leg., ch. 669, Sec. 123, 124, eff. Sept. 1, 2001; Acts 2001, 77th Leg., ch. 1420, Sec. 8.368, eff. Sept. 1, 2001.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1163 (H.B. 2702), Sec. 121, eff. September 1, 2011.
Acts 2013, 83rd Leg., R.S., Ch. 1330 (S.B. 660), Sec. 2, eff. June 14, 2013.
Source

Last accessed
Jun. 7, 2021