Honorable Joe Straus, Speaker of the House, House of Representatives
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB3484 by Paddie (Relating to the use of municipal hotel occupancy tax revenue by certain municipalities.), As Passed 2nd House
No fiscal implication to the State is anticipated.
The bill would amend Chapter 351 of the Tax Code, regarding municipal hotel occupancy taxes, to add new Section 351.1079 to authorize a municipality with a population of at least 6,000 that is the county seat of a county that (1) borders the state of Louisiana; (2) is bisected by a U.S. Highway; and (3) has a population of 75,000 or less, to use all or a portion of revenue derived from the municipal hotel occupancy tax to construct, improve, maintain and operate sports facilities and fields for the promotion of tourism and the convention center and hotel industry if certain conditions outlined in the bill are met.
The bill would have no state revenue implications.
The bill would take effect immediately if it receives a vote of two-thirds of all the members elected to each house; otherwise it would take effect September 1, 2017.
Local Government Impact
The bill would modify the allowable use of municipal hotel occupancy tax revenue in the City of Carthage and the City of Marshall.