AUTHOR'S / SPONSOR'S STATEMENT OF INTENT
S.B. 585 seeks to provide the City of Victoria with the authority to enact an ordinance implementing a hotel occupancy tax of up to seven percent. Under current law the city lacks such authority, limiting the revenue available for city projects.
S.B. 585 amends current law relating to the use of municipal hotel occupancy tax revenue to enhance and upgrade sports facilities in certain municipalities.
RULEMAKING AUTHORITY
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Section 351.101(a), Tax Code, as follows:
(a) Authorizes revenue from the municipal hotel occupancy tax to be used only to promote tourism and the convention and hotel industry, and limits that use to certain expenditures including, subject to Section 351.1076 (Allocation of Revenue: Certain Municipalities), the promotion of tourism by the enhancement and upgrading of certain existing sports facilities or fields, if certain conditions are met, including if the municipality is located in a county that has a population of not more than 300,000 and in which a component university of the University of Houston System is located. Makes nonsubstantive changes.
SECTION 2. Effective date: upon passage or September 1, 2013.