TO: | Honorable Mike Jackson, Chair, Senate Committee on Economic Development |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | HB1315 by Aliseda (Relating to the use of municipal hotel occupancy tax revenue in certain municipalities.), As Engrossed |
The bill would amend Chapter 351 of the Tax Code, regarding the use of municipal hotel occupancy tax revenue in certain municipalities.
The bill would allow certain municipalities to use revenue from the municipal hotel occupancy tax for business recruitment projects to substantially enhance hotel activity and encourage tourism and, if requested and approved by a majority of the hotel owners or managers in the municipality, to construct, enlarge, equip, improve, maintain, repair, and operate a recreational facility.
A qualifying municipality must have a population of at least 3,500 but less than 5,500, and be the county seat of a county with a population of less than 50,000 that borders a county with a population of more than 1.6 million; or a population of at least 2,900 but less than 3,500, and be the county seat located in a county with a population of less than 22,000 that is bordered by the Trinity River and includes a state park and a portion of a wildlife management area.
The bill would take effect immediately upon enactment, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2011.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, KK, AG
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