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Senate Bill 1463 |
Senate Author: Seliger |
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Effective: 5-22-07 |
House Sponsor: Swinford |
Senate Bill 1463 amends the Tax Code to authorize a county with a population of less than 125,000 and within which is located a commercial-service international airport within Class C airspace that is owned by a municipality that also has a population of less than 125,000 to impose a county hotel occupancy tax. The bill places a cap on the tax rate and requires an annual report on tourism, hotel, and convention activity attributable to events at facilities receiving tax funding during the reporting period.