LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
April 14, 1997
TO: Honorable Eddie Lucio, Jr., Chair IN RE: House Bill No. 1424, As Engrossed
Committee on Intergovernmental Relations By: Eiland
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on HB1424 ( Relating
to the imposition of a municipal sales and use tax and hotel
occupancy tax in areas to be annexed by certain municipalities.)
this office has detemined the following:
Biennial Net Impact to General Revenue Funds by HB1424-As Engrossed
No fiscal implication to the State is anticipated.
The fiscal impact on local governments would vary depending
on the potential area coverage for the district, the outcome
of the decision on whether to impose a sales or hotel occupancy
tax, and the rate at which any such taxes would be imposed.
Source: Agencies: 304 Comptroller of Public Accounts
LBB Staff: JK ,TL ,RR ,SM