83R12502 ADM-F
  By: Raney H.B. No. 3296
  relating to the rates of municipal and county hotel occupancy taxes
  in certain municipalities and counties and the use of certain
  revenue from those taxes; changing the rates of taxes.
         SECTION 1.  Section 352.003, Tax Code, is amended by adding
  Subsections (i-1) and (i-2) to read as follows:
         (i-1)  Notwithstanding Subsection (i), the tax rate in a
  county authorized to impose the tax under Section 352.002(g) may
  not exceed 2.75 percent of the price paid for a room in a hotel if:
               (1)  the convention and visitors bureau within the
  county executes a preferred access facilities contract with a major
  state university based in the county for the purpose of promoting
  tourism in the county;
               (2)  the county allocates, for payments to the
  university under the contract described by Subdivision (1) to be
  used for the renovation of a stadium located in the county and owned
  by the university, the portion of the revenue received by the county
  that is derived from the application of the tax at a rate of more
  than two percent of the price paid for a room in a hotel; and
               (3)  not more than 30 years have passed from the date
  bonds were originally issued by the university to finance a stadium
  renovation project for the stadium described by Subdivision (2).
         (i-2)  Subsection (i-1) and this subsection expire on the
  date the county commissioners court certifies that all debt
  relating to the stadium renovation project payable from the tax,
  including interest and any costs relating to the debt, has been paid
  in full or a deposit has been made and an escrow agreement in
  relation to the debt has been executed.
         SECTION 2.  Section 352.1034(b), Tax Code, is amended to
  read as follows:
         (b)  The county must spend at least 20 [45] percent of the
  revenue from the tax on marketing projects that directly promote
  tourism, hotel, and convention activity.
         SECTION 3.  Section 351.0035, Tax Code, is repealed.
         SECTION 4.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2013.