81st Texas Legislature, Senate Bill 2453, Chapter 1247 Page: 2 of 7
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S.B. No. 2453
1 related improvement such as a convention center, civic center,
2 civic center building, civic center hotel, auditorium, theater,
3 opera house, music hall, exhibition hall, rehearsal hall, park,
4 zoological park, museum, aquarium, tourist development area along
5 an inland waterway, or plaza.
6 SECTION 3. Subsections (d) and (e), Section 3846.155,
7 Special District Local Laws Code, are amended to read as follows:
8 (d) If as a result of the imposition or increase in a sales
9 and use tax by the district as provided under this section or
10 Section 3846.152, the overlapping local sales and use taxes in a
11 municipality or political subdivision located in the boundaries of
12 the district will exceed two percent, the municipality's or
13 political subdivision's sales and use tax is automatically reduced
14 in that municipality or political subdivision to a rate that, when
15 added to the district's rate, does not exceed two percent.
16 (e) If the tax rate of a municipality or political
17 subdivision is reduced in accordance with Subsection (d), the
18 comptroller shall withhold from the district's monthly sales and
19 use tax allocation an amount equal to the amount that would have
20 been collected by the municipality or political subdivision had the
21 district not imposed or increased its sales and use tax less amounts
22 that the municipality or political subdivision collects following
23 the district's imposition of or increase in its sales and use tax.
24 The comptroller shall withhold and pay the amount withheld to the
25 municipality or political subdivision under policies or procedures
26 that the comptroller considers reasonable.
27 SECTION 4. Section 3846.162, Special District Local Laws2
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Texas. Legislature. Senate. 81st Texas Legislature, Senate Bill 2453, Chapter 1247, legislative document, June 19, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth149560/m1/2/: accessed April 30, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.