Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 1425 modifies the entitlement of certain municipalities to tax revenue associated with hotel and convention center projects. It extends the period during which a qualifying municipality can receive revenue from such projects, increasing the duration from 10 years to 20 years for certain municipalities and expanding the conditions under which they must remit portions of collected tax revenue to the state.
Author
Angela Paxton
Contact the Author
Sen. Angela Paxton
Capitol Phone:
(512) 463-0108
Capitol Office:
CAP 3E.10
E-Mail:
