VENUE PROJECTS.

Austin City Code tit. 11, ch. 11-2, art. 2

in effect

Austin City Code § 11-2-11 ADDITIONAL HOTEL TAX.

§ 11-2-11 - ADDITIONAL HOTEL TAX. (A) In addition to the tax levied under Section 11-2-2 (Tax Levied, Exceptions), a tax in the amount of two percent of the consideration paid for a hotel room is levied. (B) This tax supports the Convention Center/Waller Creek Venue Project approved by the voters at the May 2, 1998 election as authorized under Chapter 334 (Sports and Community Venues), Subchapter H (Hotel Occupancy Taxes) of the Texas Local Government Code. (C) Articles 1 (General Provisions) and 3 (Violations) of this chapter apply to this article except to the extent of a conflict. Source: 1992 Code Sections 5-3-11 and 5-3-12; Ord. 031204-10; Ord. 031211-11.

Austin City Code § 11-2-12 COLLECTION OF TAX.

§ 11-2-12 - COLLECTION OF TAX. (A) A person required to collect a tax under Article 1 (General Provisions) shall also collect the tax imposed by this article. (B) Each bill or other receipt for a hotel charge that is subject to the tax imposed under this article must conspicuously include the following statement: "The City of Austin requires an additional tax of two percent be imposed on each hotel charge for the purpose of financing a venue project." Source: 1992 Code Section 5-3-13; Ord. 031204-10; Ord. 031211-11.

Austin City Code § 11-2-13 QUARTERLY REPORTS.

§ 11-2-13 - QUARTERLY REPORTS. A person required to collect a tax under this article shall include in the quarterly reports required under Section 11-2-4 (Quarterly Reports; Payments) the following additional information: (1) the amount of the tax collected under this article; and (2) other information as required by the department. Source: 1992 Code Section 5-3-14; Ord. 031204-10; Ord. 031211-11.

Austin City Code § 11-2-14 VENUE PROJECT FUND.

§ 11-2-14 - VENUE PROJECT FUND. (A) The department shall establish and maintain a separate Venue Project Fund. The department shall maintain records to account for the receipt and disbursement of: (1) proceeds of the taxes collected under this article; (2) revenue from the sale of bonds or other obligations related to the Convention Center/Waller Creek Venue Project; and (3) other money required by law to be deposited in the Venue Project Fund. (B) The money in the Venue Project Fund shall be maintained in a depository bank of the City. Source: 1992 Code Section 5-3-15; Ord. 031204-10; Ord. 031211-11.

Austin City Code § 11-2-15 USE OF REVENUE.

§ 11-2-15 - USE OF REVENUE. (A) The funds deposited in the Venue Project Fund may only be used for the following purposes: (1) to reimburse or pay the costs of planning, acquiring, establishing, developing, constructing, or renovating the Convention Center/Waller Creek Project; (2) to pay the principal, interest, reserves, and other cost relating to bonds or other obligations issued by the City for the Convention Center/Waller Creek Project, or bonds issued to refund the obligations; or (3) to pay the costs of operating or maintaining the project. (B) The collection of the tax shall be discontinued when the bonds or other obligations described in this section are paid in full, unless the tax is continued in accordance with state law. Source: 1992 Code Section 5-3-16; Ord. 031204-10; Ord. 031211-11.

Source: City of Austin, City Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/tx/austin/codes/code_of_ordinances?nodeId=TIT11TA_CH11-2HOOCTA_ART2VEPRFetched: 10/27/2026