Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4564 by Longoria (Relating to the authority of certain municipalities to authorize and finance certain venue projects; authorizing the imposition of a tax.), As Introduced
No fiscal implication to the State is anticipated.
The bill would authorize a municipality that has a population of at least 70,000 but not more than 180,000 and that is located in a county that borders the United Mexican States and the Gulf of Mexico to finance certain venue projects and pay existing debt service on certain other venue projects with the revenue from a short-term motor vehicle rental tax.
The bill would have no state revenue implications.