LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 28, 2017 TO: Honorable Dennis Bonnen, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1300 by Springer (Relating to the collection and use of municipal hotel occupancy taxes.), As Introduced No fiscal implication to the State is anticipated. Local Government Impact The bill would amend Chapter 351 of the Tax Code, regarding municipal hotel occupancy taxes. Under current law a municipality has discretion to allow a person who pays this municipal tax to retain up to one percent of that tax revenue as reimbursement for the cost of collecting the tax. In addition, municipalities are allowed to use up to one percent of the revenue collected from this tax to create, maintain, operate or administer an electronic tax administration system. The bill would require a municipality that uses revenue from this tax for an electronic tax administration system to allow a person who pays this municipal tax to retain up to one percent of that tax revenue as reimbursement for the cost of collecting the tax. The bill would limit the amount of this municipal tax that can be spent on a tax administration system, in each year, to the lesser of one percent or $75,000, and would prohibit a municipality from using revenue authorized for a tax administration system to conduct an audit. The bill would take effect January 1, 2018. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, KK, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
March 28, 2017
TO: Honorable Dennis Bonnen, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1300 by Springer (Relating to the collection and use of municipal hotel occupancy taxes.), As Introduced
TO: Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1300 by Springer (Relating to the collection and use of municipal hotel occupancy taxes.), 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
HB1300 by Springer (Relating to the collection and use of municipal hotel occupancy taxes.), As Introduced
HB1300 by Springer (Relating to the collection and use of municipal hotel occupancy taxes.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
Local Government Impact
The bill would amend Chapter 351 of the Tax Code, regarding municipal hotel occupancy taxes. Under current law a municipality has discretion to allow a person who pays this municipal tax to retain up to one percent of that tax revenue as reimbursement for the cost of collecting the tax. In addition, municipalities are allowed to use up to one percent of the revenue collected from this tax to create, maintain, operate or administer an electronic tax administration system. The bill would require a municipality that uses revenue from this tax for an electronic tax administration system to allow a person who pays this municipal tax to retain up to one percent of that tax revenue as reimbursement for the cost of collecting the tax. The bill would limit the amount of this municipal tax that can be spent on a tax administration system, in each year, to the lesser of one percent or $75,000, and would prohibit a municipality from using revenue authorized for a tax administration system to conduct an audit. The bill would take effect January 1, 2018.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: UP, KK, SD
UP, KK, SD