LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 20, 2017 TO: Honorable Craig Estes, Chair, Senate Committee on Natural Resources & Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1365 by Miles (Relating to the use of municipal hotel occupancy tax revenue by 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 more than 67,000 that is located in two counties with 90 percent of the municipality's territory located in a county with a population of at least 580,000 and the remaining territory located in a county with a population of at least four million, to use municipal hotel tax revenue for expenses, including promotion, related to certain sporting events and the promotion of tourism by the enhancement and upgrading of certain sports facilities.The bill would have no state revenue implications The bill would take effect immediately upon enactment, assuming it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2017. Local Government Impact The bill would allow the City of Missouri City to use municipal hotel tax revenue for certain purposes outlined in the above section. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, SZ, SD, KK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
March 20, 2017
TO: Honorable Craig Estes, Chair, Senate Committee on Natural Resources & Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1365 by Miles (Relating to the use of municipal hotel occupancy tax revenue by certain municipalities.), As Introduced
TO: Honorable Craig Estes, Chair, Senate Committee on Natural Resources & Economic Development
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1365 by Miles (Relating to the use of municipal hotel occupancy tax revenue by certain municipalities.), As Introduced
Honorable Craig Estes, Chair, Senate Committee on Natural Resources & Economic Development
Honorable Craig Estes, Chair, Senate Committee on Natural Resources & Economic Development
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1365 by Miles (Relating to the use of municipal hotel occupancy tax revenue by certain municipalities.), As Introduced
SB1365 by Miles (Relating to the use of municipal hotel occupancy tax revenue by 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 more than 67,000 that is located in two counties with 90 percent of the municipality's territory located in a county with a population of at least 580,000 and the remaining territory located in a county with a population of at least four million, to use municipal hotel tax revenue for expenses, including promotion, related to certain sporting events and the promotion of tourism by the enhancement and upgrading of certain sports facilities.The bill would have no state revenue implications The bill would take effect immediately upon enactment, assuming it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2017.
Local Government Impact
The bill would allow the City of Missouri City to use municipal hotel tax revenue for certain purposes outlined in the above section.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: UP, SZ, SD, KK
UP, SZ, SD, KK