TO: | Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | HB1662 by Price (Relating to the use of local hotel occupancy tax revenue to conduct an audit.), As Introduced |
The bill would amend Chapter 351 of the Tax Code, regarding municipal hotel occupancy taxes.
The bill would allow a municipality that has a population of at least 190,000, no part of which is located in a county with a population of at least 150,000, to use the revenue collected from the tax imposed by this chapter to conduct an audit of a person in the municipality required to collect this tax, provided the municipality not audit more than one-third of the total number of taxpayers in any fiscal year.
The bill would take effect immediately upon receiving two-thirds majority vote in each house.
Otherwise, the bill would take effect September 1, 2013.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | UP, KK, SD, AG
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