LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION Revision 1 April 30, 2009 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3098 by Bolton (Relating to the use by certain municipalities of hotel occupancy tax revenue for the construction of a recreational venue near hotels.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would amend the Tax Code to authorize another use of revenue from a municipal hotel occupancy tax in certain municipalities if certain conditions are met. Among the conditions would be that if the revenue is used to construct a recreational venue in the immediate vicinity of area hotels, the municipality would pay for the maintenance of the venue from the municipality's general funds. Local Government Impact It is assumed that an applicable municipality would use revenue from a municipal hotel occupancy tax for the purpose stated in the bill if the municipality has sufficient funds to meet the costs of maintenance of the recreational venue. No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, MN, DB, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
Revision 1
April 30, 2009
Revision 1
Revision 1
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3098 by Bolton (Relating to the use by certain municipalities of hotel occupancy tax revenue for the construction of a recreational venue near hotels.), Committee Report 1st House, Substituted
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB3098 by Bolton (Relating to the use by certain municipalities of hotel occupancy tax revenue for the construction of a recreational venue near hotels.), Committee Report 1st House, Substituted
Honorable Rene Oliveira, Chair, House Committee on Ways & Means
Honorable Rene Oliveira, Chair, House Committee on Ways & Means
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB3098 by Bolton (Relating to the use by certain municipalities of hotel occupancy tax revenue for the construction of a recreational venue near hotels.), Committee Report 1st House, Substituted
HB3098 by Bolton (Relating to the use by certain municipalities of hotel occupancy tax revenue for the construction of a recreational venue near hotels.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Tax Code to authorize another use of revenue from a municipal hotel occupancy tax in certain municipalities if certain conditions are met. Among the conditions would be that if the revenue is used to construct a recreational venue in the immediate vicinity of area hotels, the municipality would pay for the maintenance of the venue from the municipality's general funds.
Local Government Impact
It is assumed that an applicable municipality would use revenue from a municipal hotel occupancy tax for the purpose stated in the bill if the municipality has sufficient funds to meet the costs of maintenance of the recreational venue. No significant fiscal implication to units of local government is anticipated.
It is assumed that an applicable municipality would use revenue from a municipal hotel occupancy tax for the purpose stated in the bill if the municipality has sufficient funds to meet the costs of maintenance of the recreational venue.
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: JOB, MN, DB, SD
JOB, MN, DB, SD