TO: | Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | SB349 by Eltife (Relating to the hotel occupancy tax rate in certain municipalities.), Committee Report 1st House, Substituted |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2012 | $0 |
2013 | $0 |
2014 | $0 |
2015 | $0 |
2016 | $0 |
Fiscal Year | Probable Revenue Gain/(Loss) from City of Longview |
Probable Revenue Gain/(Loss) from City of Tyler |
---|---|---|
2012 | $370,000 | $470,000 |
2013 | $424,000 | $539,000 |
2014 | $445,000 | $566,000 |
2015 | $467,000 | $594,000 |
2016 | $490,000 | $624,000 |
The bill would amend Chapter 351 of the Tax Code, regarding municipal hotel occupancy taxes.
The bill would set the maximum allowable municipal hotel occupancy tax rate at 9 percent of the price
paid for a room for a municipality with a population greater than 95,000 located in a county with a
population greater than 200,000 that borders Lake Palestine.
The bill would set the maximum allowable municipal hotel occupancy tax rate at 9 percent of the price paid for a room for a municipality with a population of at least 80,000 that is partially located in a county that borders the state of Louisiana and has a population of at least 60,000.
The bill would take effect immediately, assuming it receives 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, KKR, SD, AG
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