Honorable Rene Oliveira, Chair, House Committee on Ways & Means
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB4322 by Smith, Wayne (Relating to the imposition of county or municipal occupation taxes on certain coin-operated amusement gaming devices.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend Section 2153.451(a) of the Occupation Code to include "coin-operated amusement gaming device" as a device that may be subject to an occupation tax. The bill would also authorize counties and municipalities to charge fees to release a machine or device that has been sealed for nonpayment of taxes.
Local Government Impact
Depending upon the taxes and fees imposed, there could be an indeterminate revenue gain to units of local governement.
Source Agencies:
304 Comptroller of Public Accounts, 362 Texas Lottery Commission