Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB4187 by Raney (Relating to the use of revenue from municipal hotel occupancy taxes for a sports facility or field in certain municipalities.), As Introduced
No fiscal implication to the State is anticipated.
Local Government Impact
The bill would amend Chapter 351 of the Tax Code, regarding municipal hotel occupancy taxes.
The bill would amend Section 351.1078 to include additional reporting, planning, and internet website publication requirements for certain municipalities using hotel tax revenues for certain purposes.
This 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.