Relating to the authority of a municipality to finance certain venue projects with a short-term motor vehicle rental tax.
HB 5016 allows municipalities with populations between 1.3 million and 1.4 million to finance specific venue projects - like large parks or historic facilities - using short-term motor vehicle rental taxes. It exempts certain projects from standard financing rules, including parks that are 200+ acres, national historic landmarks, or part of municipal recreation systems. The bill specifically targets projects meeting all three criteria (size, historic status, and municipal population) to enable tax-based funding. Existing bonds or obligations financed under prior law remain unaffected by this change.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 3, 2025
Last action Apr 3, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Apr 3, 2025
Committee
Referred to Ways & Means
lower
Apr 3, 2025
Introduced
Read first time
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Venton Jones
DDemocratic
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