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House Bill 3643 |
House Author: Harper-Brown |
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Effective: 9-1-13 |
Senate Sponsor: Carona |
Provisions governing the allocation of municipal hotel occupancy tax revenue for the arts by a municipality that has a population of more than 190,000, that is located in a county in which another municipality that has a population of more than one million is predominantly located, and that issued bonds before January 1, 2007, for the construction of a municipal arts center payable from and secured by such revenue initially were set to expire September 1, 2022. House Bill 3643 amends the Tax Code to postpone the expiration of those provisions until September 1, 2026, and to prohibit such a municipality that spends more than 15 percent of that revenue in a fiscal year to promote tourism and the convention and hotel industry through the encouragement, promotion, improvement, and application of the arts from reducing in that fiscal year the percentage of hotel occupancy tax revenue spent on advertising and conducting solicitations and promotional programs to attract tourists and convention delegates or registrants to the municipality or its vicinity to a percentage below the percentage of hotel occupancy tax revenue spent for that purpose during the municipality's 2011-2012 fiscal year.