LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
 
April 1, 2023

TO:
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB4563 by Longoria (Relating to the authority of certain municipalities to authorize and finance certain venue projects and to use municipal hotel occupancy tax revenue for certain of those projects; authorizing the imposition of a tax.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend Chapter 334 of the Local Government Code, relating to Sports and Community Venues and Chapter 351 of the Tax Code, relating to the Municipal Hotel Occupancy Tax.

The bill would amend Section 334.0082(a) by adding Subsection (3) to authorize a municipality that has a population of not more than 25,000 or more and contains a cultural heritage museum, and is located in a county that border the United Mexican States and Gulf of Mexico to impose a hotel occupancy tax under this chapter, at a rate not to exceed two percent of the cost of a room for the purposes established under this chapter.

The bill would amend Section 351.101(7) by adding Subsection (F) to authorize a municipality that has a population of not more than 25,000 or more and contains a cultural heritage museum, and is located in a county that border the United Mexican States and Gulf of Mexico, to impose a municipal hotel occupancy tax, at a rate not to exceed none percent of the price paid for a room. The municipality would be required to allocate all revenue derived from the application of the tax at a rate of more than seven percent for the construction, expansion, maintenance, financing, operation, or debt service of a convention center or multiuse facility.

The bill would have no state revenue implications.

Local Government Impact

The bill would apply to San Benito.


Source Agencies:
LBB Staff:
JMc, KK, SD, BRI