Texas Tax Code

Sec. § 351.1063
Allocation of Revenue for Advertising and Promotion: Certain Municipalities With Certain Projects


(a)

This section applies only to a municipality described by Section 351.102 (Pledge for Bonds)(e) or 351.152 (Applicability), other than an eligible central municipality described by Section 351.001 (Definitions)(7)(D).

(b)

A municipality that uses revenue derived from the tax imposed under this chapter or funds received under Section 351.102 (Pledge for Bonds)(c), 351.156 (Entitlement to Certain Tax Revenue), or 351.157 (Additional Entitlement for Certain Municipalities) for a hotel project under Section 351.102 (Pledge for Bonds)(b) or a qualified project under Section 351.155 (Pledge or Commitment of Certain Tax Revenue for Obligations for Qualified Project) may not reduce the percentage of revenue from the tax imposed under this chapter and allocated for a purpose described by Section 351.101 (Use of Tax Revenue)(a)(3) to a percentage that is less than the average percentage of that revenue allocated by the municipality for that purpose during the 36-month period preceding the date the municipality begins using the revenue or funds for the hotel project.
Redesignated and amended by Acts 2019, 86th Leg., R.S., Ch. 952 (H.B. 4347), Sec. 3, eff. September 1, 2019.
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Last accessed
Jun. 7, 2021