TO: | Honorable Fred Hill, Chair, House Committee on Local Government Ways and Means |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB2322 by McReynolds (Relating to the authority of county that borders Lake Livingston to impose a hotel occupancy tax.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2004 | $0 |
2005 | $0 |
2006 | $0 |
2007 | $0 |
2008 | $0 |
Fiscal Year | Probable Revenue Gain/(Loss) fromCounty of Trinity | Probable Revenue Gain/(Loss) fromCounty of San Jacinto |
---|---|---|
2004 | $15,000 | $8,000 |
2005 | $15,000 | $8,000 |
2006 | $15,000 | $8,000 |
2007 | $16,000 | $8,000 |
2008 | $16,000 | $9,000 |
The bill would amend Chapter 352 of the Tax Code to authorize, by the adoption of an order or resolution, a county having a population of no more than 22,500 and bordering or containing a portion of Lake Livingston to impose a county hotel occupancy tax.
The bill would take effect immediately upon enactment, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2003.
Based on the bill's eligibility requirements, the counties of San Jacinto and Trinity would be the only additional counties authorized to impose a county hotel occupancy tax.
Under current law, unless otherwise specified, a county that imposes a hotel occupancy tax may not impose a rate that exceeds 7 percent of the price paid for a room.
This analysis assumes both the counties of San Jacinto and Trinity would adopt a county hotel occupancy tax at a rate of seven percent.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JK, SD
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