SRC-PNG S.B. 1603 76(R)BILL ANALYSIS


Senate Research CenterS.B. 1603
By: Sibley
Intergovernmental Relations
6/23/1999
Enrolled


DIGEST 

Currently, Texas municipalities are not required to maintain separate
records on revenues and expenditures relating to the local hotel occupancy
tax.  This bill revises the regulations regarding the record of receipt and
expenditure of all revenue derived from the municipal hotel occupancy tax. 

PURPOSE

As enrolled, S.B. 1603 revises the regulations regarding the record of
receipt and expenditure of all revenue derived from the municipal hotel
occupancy tax. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Section 351.001, Tax Code, by adding Subdivision (10),
to define "revenue." 

SECTION 2.  Amends Chapter 351B, Tax Code, by adding Section 351.107, as
follows: 

Sec.  351.107.  RECORDS.  Requires a municipality to maintain a record that
accurately identifies the receipt and expenditure of all revenue derived
from the tax imposed under this chapter. 

SECTION 3.  Effective date: September 1, 1999.
Makes application of this Act prospective.

SECTION 4. Emergency clause.