LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

May 15, 2009

TO:	Honorable Chris Harris, Chair, Senate Committee on Economic Development
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB3098 by Bolton (Relating to the use by certain municipalities of hotel occupancy tax revenue for the construction of a recreational venue near hotels.), As Engrossed

No fiscal implication to the State is anticipated.

The bill would amend the Tax Code to authorize another use of revenue from a municipal hotel occupancy tax in certain municipalities if certain conditions are met. Among the conditions would be that if the revenue is used to construct a recreational venue in the immediate vicinity of area hotels, the municipality would pay for the maintenance of the venue from the municipality's general funds.

Local Government Impact

It is assumed that an applicable municipality would use revenue from a municipal hotel occupancy tax for the purpose stated in the bill if the municipality has sufficient funds to meet the costs of maintenance of the recreational venue.

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JOB, JRO, MN, DB, SD