SRC-JJJ S.B. 1666 76(R)BILL ANALYSIS Senate Research CenterS.B. 1666 By: Jackson Intergovernmental Relations 6/30/1999 Enrolled DIGEST Currently, hotel occupancy taxes are not allowed to be used for refunding bonds. S.B. 1666 will establish provisions regarding beach renourishment bonds being secured in part by hotel occupancy taxes in certain municipalities. PURPOSE As enrolled, S.B. 1666 establishes provisions regarding hotel occupancy taxes in certain municipalities. 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 351.105, Tax Code, by adding Subsections (f) and (g), to authorize certain conditions for an eligible coastal municipality and a park board of trustees created by the municipality regarding contracts and taxation. Sets forth statutes that prevail over any conflicting provisions in the charter of an eligible costal municipality. SECTION 2. Emergency clause. Effective date: 90 days upon adjournment.