LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session May 9, 2001 TO: Honorable David Sibley, Chair, Senate Committee on Business & Commerce FROM: John Keel, Director, Legislative Budget Board IN RE: HB2982 by Corte (Relating to disclosure on hotel bills of the governmental entities imposing the hotel occupancy tax.), As Engrossed ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** The bill would amend Chapter 156 of the Tax Code to require a place of lodging to include, in a conspicuous location on each bill or other receipt subject to the hotel occupancy tax, a statement stating: "The State of Texas requires that a tax of six percent be imposed on each hotel charge." Similarly, the bill would amend Chapters 351 and 352 of the Tax Code to require a place of lodging to include, in a conspicuous location on each bill or other receipt subject to the hotel occupancy tax, a statement stating that the taxing municipality/county requires that a tax be imposed on each hotel charge. The names of the taxing jurisdictions and their applicable rates would have to be provided. Currently, establishments that charge a hotel occupancy tax are not required to print a statement on a bill or receipt explaining to the consumer the applicable state, municipal, or county hotel occupancy taxes. The bill would take effect September 1, 2001. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 304 Comptroller of Public Accounts LBB Staff: JK, DB, SD