Relating to the authority of certain municipalities to use certain tax revenue for certain qualified projects.

HB 3693 expands the authority of specific Texas municipalities to use certain tax revenues for qualified projects. It applies to cities with populations between 700,000-950,000, cities containing over 70% of a county’s population (where the county has 1.5 million+ residents), or other designated cities under existing tax code definitions. The bill amends the Tax Code to clarify which municipalities qualify for this tax revenue flexibility. It does not define "qualified projects" but specifies eligibility based on population thresholds. The bill takes effect September 1, 2025.