TO: | Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB213 by Fraser (Relating to the authority of certain counties to impose a county hotel occupancy tax and to the rate of the tax.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2008 | $0 |
2009 | $0 |
2010 | $0 |
2011 | $0 |
2012 | $0 |
Fiscal Year | Probable Revenue Gain/(Loss) from Llano County |
Probable Revenue Gain/(Loss) from San Saba County |
---|---|---|
2008 | $999,000 | $29,000 |
2009 | $1,038,000 | $30,000 |
2010 | $1,076,000 | $31,000 |
2011 | $1,115,000 | $32,000 |
2012 | $1,152,000 | $33,000 |
The bill would amend Section 352.002(a) of the Tax Code, relating to the authority of certain counties to impose a county hotel occupancy tax and to the rate of that tax. The provisions of the bill would remove the population requirement for counties bordering
The bill would amend Tax Code Section 352.003(g) to cap at 2 percent the hotel tax rate for a county meeting the description of
According to the Comptroller of Public Accounts (CPA), two counties would meet the criteria established by the proposed amendment to Section 352.002(a):
Currently, unless otherwise specified, counties authorized to impose a county hotel occupancy tax may not impose the tax at a rate greater than 7 percent. Data on taxable hotel receipts from Llano and San Saba counties were gathered from CPA tax files. Receipts were multiplied by the 7 percent rate to estimate the potential maximum gain to Llano and San Saba counties. Assuming that both counties were to adopt the maximum allowable rate, the maximum potential revenue gain to
The proposed amendment to Section 352.003(g) would have no fiscal impact to Starr County.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, DB, SD, EB, KJG
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