Texas Special District Local Laws Code 3846.351 – Event Admissions Tax Authorized
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(a) The district by order may impose a tax on each ticket sold as admission to an event held at a venue project in the district for which the district has issued bonds or undertaken a contractual obligation to reimburse costs expended to plan, acquire, establish, develop, construct, or renovate the venue project.
(b) The district may not impose the tax for admission to an event at a venue that is not a community venue project or for which the district has not issued bonds or entered into a contractual obligation to reimburse costs expended to plan, acquire, establish, develop, construct, or renovate the venue project.
Terms Used In Texas Special District Local Laws Code 3846.351
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Venue: The geographical location in which a case is tried.
(c) The district may impose the tax only if a venue project is or will be located in the district.