Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4755 by Lopez, Janie (relating to the authority of certain municipalities to use hotel occupancy tax revenue for certain venue projects.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
Local Government Impact
The bill would authorize a municipality that has a population of not more than 25,000, that contains a cultural heritage museum, and that is located in a county that borders the United Mexican States and the Gulf of Mexico to impose a municipal hotel occupancy tax to fund costs related to a convention center constructed before January 1, 2025.