LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 27, 2015 TO: Honorable Dennis Bonnen, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3615 by Isaac (Relating to the use of hotel occupancy tax revenues in certain municipalities.), As Introduced No fiscal implication to the State is anticipated. The bill would amend Subsection 351.101(a) of the Tax Code, regarding the use of municipal hotel tax revenue, to authorize a municipality with a population of at least 40,000 and through which the San Marcos River flows to use municipal hotel tax revenue for the enhancement of sports facilities. Local Government Impact According to the Comptroller of Public Accounts, the city of San Marcos would be affected by the bill's provisions. For an applicable municipality, an additional usage of hotel occupancy tax revenue would have no direct fiscal impact, although indirectly, it could create a savings if another revenue source had been used for the enhancement of sports facilities. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, KK, SD, AG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 27, 2015
TO: Honorable Dennis Bonnen, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3615 by Isaac (Relating to the use of hotel occupancy tax revenues in certain municipalities.), As Introduced
TO: Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3615 by Isaac (Relating to the use of hotel occupancy tax revenues in certain municipalities.), As Introduced
Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB3615 by Isaac (Relating to the use of hotel occupancy tax revenues in certain municipalities.), As Introduced
HB3615 by Isaac (Relating to the use of hotel occupancy tax revenues in certain municipalities.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Subsection 351.101(a) of the Tax Code, regarding the use of municipal hotel tax revenue, to authorize a municipality with a population of at least 40,000 and through which the San Marcos River flows to use municipal hotel tax revenue for the enhancement of sports facilities.
Local Government Impact
According to the Comptroller of Public Accounts, the city of San Marcos would be affected by the bill's provisions. For an applicable municipality, an additional usage of hotel occupancy tax revenue would have no direct fiscal impact, although indirectly, it could create a savings if another revenue source had been used for the enhancement of sports facilities.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: UP, KK, SD, AG
UP, KK, SD, AG