TO: | Honorable Chris Harris, Chair, Senate Committee on Economic Development |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB1684 by Hinojosa (Relating to the use of state hotel occupancy tax revenue to clean and maintain beaches in certain municipalities.), As Introduced |
The bill would amend the Tax Code, relating to the allocation of state hotel occupancy tax revenue to clean and maintain beaches in certain municipalities.
Currently one percent of the state hotel occupancy tax, remitted from certain hotels, is allocated back to the municipality to be used for the purpose of cleaning and maintaining beaches and for erosion response projects. The bill would amend the definition of an eligible barrier island costal municipality, eligible to receive allocations from the state hotel occupancy tax, to include a municipality with boundaries that include a nation estuarine research reserve. This would allow Port Aransas to join
The Comptroller of Public Accounts indicates there would be a positive but insignificant fiscal impact for the city, and a negative but insignificant fiscal impact for the state to the General Revenue Fund 0001.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, JRO, SD, MN
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