By: Stephenson, Jetton, Reynolds H.B. No. 3097         (Senate Sponsor - Huffman)          (In the Senate - Received from the House May 3, 2021;   May 10, 2021, read first time and referred to Committee on Natural   Resources & Economic Development; May 22, 2021, reported   adversely, with favorable Committee Substitute by the following   vote:  Yeas 9, Nays 0; May 22, 2021, sent to printer.)Click here to see the committee vote     COMMITTEE SUBSTITUTE FOR H.B. No. 3097 By:  Zaffirini     A BILL TO BE ENTITLED   AN ACT     relating to entitlement of certain municipalities to receive tax   revenue from certain establishments located near a hotel and   convention center project.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 351.157, Tax Code, is amended by   amending Subsection (e) and adding Subsection (f) to read as   follows:          (e)  A municipality to which this section applies is not   entitled to receive revenue under Subsection (d) unless the   municipality commences a qualified project under this subchapter   before September 1, 2027 [2023].          (f)  For purposes of Subsection (e), a municipality   commences a qualified project on the date the municipality, by   ordinance or resolution:                (1)  authorizes the issuance of bonds or other   obligations related to the qualified project; or                (2)  executes:                      (A)  a contract authorized by Chapter 380, Local   Government Code, related to the qualified project; or                      (B)  an interlocal agreement related to the   qualified project.          SECTION 2.  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, 2021.     * * * * *