LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 5, 2009 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3425 by Hughes (Relating to the use of municipal hotel occupancy taxes.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would amend Chapter 351 of the Tax Code, regarding the municipal hotel occupancy tax. The bill would add, as a new permissible use for these tax revenues, signage to direct the public to sights and attractions that are visited frequently by hotel guests in the municipality. The bill would take effect immediately upon enactment, assuming it receives the required two-thirds vote. Otherwise, the bill would take effect September 1, 2009. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: JOB, MN, SD, DB LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 5, 2009 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3425 by Hughes (Relating to the use of municipal hotel occupancy taxes.), 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: HB3425 by Hughes (Relating to the use of municipal hotel occupancy taxes.), 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 HB3425 by Hughes (Relating to the use of municipal hotel occupancy taxes.), Committee Report 1st House, Substituted HB3425 by Hughes (Relating to the use of municipal hotel occupancy taxes.), 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 Chapter 351 of the Tax Code, regarding the municipal hotel occupancy tax. The bill would add, as a new permissible use for these tax revenues, signage to direct the public to sights and attractions that are visited frequently by hotel guests in the municipality. The bill would take effect immediately upon enactment, assuming it receives the required two-thirds vote. Otherwise, the bill would take effect September 1, 2009. The bill would amend Chapter 351 of the Tax Code, regarding the municipal hotel occupancy tax. The bill would add, as a new permissible use for these tax revenues, signage to direct the public to sights and attractions that are visited frequently by hotel guests in the municipality. The bill would take effect immediately upon enactment, assuming it receives the required two-thirds vote. Otherwise, the bill would take effect September 1, 2009. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 304 Comptroller of Public Accounts 304 Comptroller of Public Accounts LBB Staff: JOB, MN, SD, DB JOB, MN, SD, DB