BILL ANALYSIS |
H.B. 3626 |
By: Hunter |
Ways & Means |
Committee Report (Unamended) |
BACKGROUND AND PURPOSE
Interested parties note the success of a state economic development tool that allows eligible municipalities to use certain tax revenue for certain convention center hotel projects. H.B. 3626 seeks to authorize certain other municipalities, such as the City of Port Aransas, to use the tool.
|
CRIMINAL JUSTICE IMPACT
It is the committee's opinion that this bill does not expressly create a criminal offense, increase the punishment for an existing criminal offense or category of offenses, or change the eligibility of a person for community supervision, parole, or mandatory supervision.
|
RULEMAKING AUTHORITY
It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.
|
ANALYSIS
H.B. 3626 amends the Tax Code to expand the definition of "eligible central municipality" for purposes of the municipal hotel occupancy tax to include an eligible barrier island coastal municipality, as defined with regard to the allocation of hotel occupancy tax revenue to certain municipalities, with a population of at least 3,000 but not more than 5,000.
|
EFFECTIVE DATE
On passage, or, if the bill does not receive the necessary vote, September 1, 2017.
|