LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
 
May 30, 2021

TO:
Honorable Dade Phelan, Speaker of the House, House of Representatives
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HR2086 by Morales, Eddie (Suspending limitations on conference committee jurisdiction, H. B. No. 4305.), As Introduced

The resolution would provide that the City of Brownsville would be entitled to receive state sales and use tax and state hotel tax revenue generated, paid, and collected by a qualified hotel and each restaurant, bar, and retail establishment located in or connected to the hotel. Entitlement to state tax revenue would be for a period of 10 years after the qualified hotel is open for initial occupancy. The fiscal implication of this provision cannot be estimated at this time.

Local Government Impact

The fiscal impact to the City of Brownsville cannot be estimated at this time.


Source Agencies:
LBB Staff:
JMc, SD