Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB3485 by Neave (Relating to the use of municipal hotel occupancy tax revenue for homeless assistance programs.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend Section 351.101(a) of the Tax Code, regarding the use of municipal hotel occupancy tax revenue, to allow cities to use that revenue to pay for the administration and operation of homeless assistance programs.
The bill would have no state revenue implications.
The bill would take effect immediately upon enactment, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2017.
Local Government Impact
The bill would modify the allowable use of municipal hotel occupancy tax revenue.