LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 19, 2009 TO: Honorable Steve Ogden, Chair, Senate Committee on Finance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1139 by Brown, Fred (Relating to the authority of certain counties to impose a hotel occupancy tax and to the use of the tax.), As Engrossed No fiscal implication to the State is anticipated. The bill would amend Chapter 352 of the Tax code, regarding county hotel occupancy taxes. The bill would take effect immediately upon enactment, if it receives two-thirds vote in each house. Otherwise, it would take effect September 1, 2009. Local Government Impact Under the provisions of the bill, the expiration date for Brazos County's authority to levy the hotel tax would be eliminated, and the county would be authorized to continue levying the tax until the commissioners court certifies that all debt payable from this tax has been paid. It is unknown how long it would take Brazos County to repay the debt. After certification by the commissioners court, the hotel tax rate could be no more than 0.4 percent. The bill would lower the share of hotel tax revenue that must be spent on marketing projects that directly promote tourism, hotel, and convention activity from 45 percent to 20 percent. All tax revenue would be spent on marketing projects if the hotel tax rate does not exceed 0.4 percent. The bill would change the composition and duties of the committee assisting in the spending of the hotel tax revenue. Source Agencies:304 Comptroller of Public Accounts LBB Staff: JOB, MN, SD, TP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 19, 2009
TO: Honorable Steve Ogden, Chair, Senate Committee on Finance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1139 by Brown, Fred (Relating to the authority of certain counties to impose a hotel occupancy tax and to the use of the tax.), As Engrossed
TO: Honorable Steve Ogden, Chair, Senate Committee on Finance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB1139 by Brown, Fred (Relating to the authority of certain counties to impose a hotel occupancy tax and to the use of the tax.), As Engrossed
Honorable Steve Ogden, Chair, Senate Committee on Finance
Honorable Steve Ogden, Chair, Senate Committee on Finance
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB1139 by Brown, Fred (Relating to the authority of certain counties to impose a hotel occupancy tax and to the use of the tax.), As Engrossed
HB1139 by Brown, Fred (Relating to the authority of certain counties to impose a hotel occupancy tax and to the use of the tax.), As Engrossed
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Chapter 352 of the Tax code, regarding county hotel occupancy taxes. The bill would take effect immediately upon enactment, if it receives two-thirds vote in each house. Otherwise, it would take effect September 1, 2009.
The bill would amend Chapter 352 of the Tax code, regarding county hotel occupancy taxes.
The bill would take effect immediately upon enactment, if it receives two-thirds vote in each house. Otherwise, it would take effect September 1, 2009.
Local Government Impact
Under the provisions of the bill, the expiration date for Brazos County's authority to levy the hotel tax would be eliminated, and the county would be authorized to continue levying the tax until the commissioners court certifies that all debt payable from this tax has been paid. It is unknown how long it would take Brazos County to repay the debt. After certification by the commissioners court, the hotel tax rate could be no more than 0.4 percent. The bill would lower the share of hotel tax revenue that must be spent on marketing projects that directly promote tourism, hotel, and convention activity from 45 percent to 20 percent. All tax revenue would be spent on marketing projects if the hotel tax rate does not exceed 0.4 percent. The bill would change the composition and duties of the committee assisting in the spending of the hotel tax revenue.
Under the provisions of the bill, the expiration date for Brazos County's authority to levy the hotel tax would be eliminated, and the county would be authorized to continue levying the tax until the commissioners court certifies that all debt payable from this tax has been paid. It is unknown how long it would take Brazos County to repay the debt. After certification by the commissioners court, the hotel tax rate could be no more than 0.4 percent.
The bill would lower the share of hotel tax revenue that must be spent on marketing projects that directly promote tourism, hotel, and convention activity from 45 percent to 20 percent. All tax revenue would be spent on marketing projects if the hotel tax rate does not exceed 0.4 percent. The bill would change the composition and duties of the committee assisting in the spending of the hotel tax revenue.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: JOB, MN, SD, TP
JOB, MN, SD, TP