Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4494 by Vasut (relating to eligible coastal municipalities for purposes of the municipal hotel occupancy tax.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
The bill would amend Chapter 351 of the Tax Code, regarding municipal hotel occupancy taxes.
The bill would amend Section 351.101(3) by adding Subsection (B) to authorize a municipality that borders the Gulf of Mexico and has a population of less than 1,500 to impose a municipal hotel occupancy tax.
The bill would have no state revenue implications.
Local Government Impact
The bill would apply to certain municipalities that border the Gulf of Mexico and have a population of less than 1,500.