TO: | Honorable Rene Oliveira, Chair, House Committee on Ways & Means |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB3425 by Hughes (Relating to the use of municipal hotel occupancy taxes.), As Introduced |
The bill would amend Chapter 351 of the Tax Code, regarding the municipal hotel occupancy tax. The bill would add, as a new permissible use for these tax revenues, signage to direct the public to sights and attractions in the municipality.
The bill would take effect immediately upon enactment, assuming it receives the required two-thirds vote. Otherwise, the bill would take effect September 1, 2009.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, MN, SD, DB
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