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. ), Committee Report 1st House, Substituted |
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 |
---|---|
2008 | $999,000 |
2009 | $1,038,000 |
2010 | $1,076,000 |
2011 | $1,115,000 |
2012 | $1,152,000 |
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 lower the population requirement of 34,000 or more to 15,000 or more in 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
The change in population requirement would result in adding Llano County to the counties authorized to impose a county hotel occupany tax. It is not known whether the county would approve a county hotel occupancy tax or at what rate.
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 County was gathered from the Comptroller of Public Accounts tax files. Receipts were multiplied by the 7 percent rate to estimate the potential maximum gain to Llano County. Assuming that the county was 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
|
LBB Staff: | JOB, DB
|