| 1 | 1 | | By: Oliveira (Senate Sponsor - Lucio) H.B. No. 3043 |
|---|
| 2 | 2 | | (In the Senate - Received from the House May 9, 2013; |
|---|
| 3 | 3 | | May 9, 2013, read first time and referred to Committee on Economic |
|---|
| 4 | 4 | | Development; May 16, 2013, reported favorably by the following |
|---|
| 5 | 5 | | vote: Yeas 4, Nays 0; May 16, 2013, sent to printer.) |
|---|
| 6 | 6 | | |
|---|
| 7 | 7 | | |
|---|
| 8 | 8 | | A BILL TO BE ENTITLED |
|---|
| 9 | 9 | | AN ACT |
|---|
| 10 | 10 | | relating to increasing the maximum rate at which certain |
|---|
| 11 | 11 | | municipalities may impose a hotel occupancy tax and to the use of |
|---|
| 12 | 12 | | revenue from that tax. |
|---|
| 13 | 13 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|---|
| 14 | 14 | | SECTION 1. Section 351.003(d), Tax Code, is amended to read |
|---|
| 15 | 15 | | as follows: |
|---|
| 16 | 16 | | (d) The rate in an eligible barrier island coastal |
|---|
| 17 | 17 | | municipality may not exceed nine [8-1/2] percent of the price paid |
|---|
| 18 | 18 | | for a room. |
|---|
| 19 | 19 | | SECTION 2. Section 351.1055(e), Tax Code, is amended to |
|---|
| 20 | 20 | | read as follows: |
|---|
| 21 | 21 | | (e) An eligible barrier island coastal municipality [that |
|---|
| 22 | 22 | | imposes the tax at a rate equal to or greater than 7-1/2 percent of |
|---|
| 23 | 23 | | the price paid for a room] shall use at least the amount of revenue |
|---|
| 24 | 24 | | derived from the application of the tax at a rate of [one-half of] |
|---|
| 25 | 25 | | one percent of the cost of a room for erosion response projects. |
|---|
| 26 | 26 | | SECTION 3. This Act takes effect immediately if it receives |
|---|
| 27 | 27 | | a vote of two-thirds of all the members elected to each house, as |
|---|
| 28 | 28 | | provided by Section 39, Article III, Texas Constitution. If this |
|---|
| 29 | 29 | | Act does not receive the vote necessary for immediate effect, this |
|---|
| 30 | 30 | | Act takes effect September 1, 2013. |
|---|
| 31 | 31 | | * * * * * |
|---|