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House Bill 4029 |
House Author: Oliveira |
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Effective: 6-12-17 |
Senate Sponsor: Lucio |
House Bill 4029 amends the Tax Code to include as a purpose for which the City of South Padre Island may use a certain amount of municipal hotel occupancy tax revenue expenses directly related to the construction, improvement, equipping, repairing, operation, and maintenance of city-owned coastal sports facilities if the facilities have been used in the preceding calendar year a combined total of more than five times for district, state, regional, or national sports tournaments or events and the majority of the events at the facilities are directly related to a sports tournament or event in which the majority of participants are tourists who substantially increase economic activity at hotels within or in the vicinity of the city.