86R11336 CJC-D
By: Morrison H.B. No. 2647
A BILL TO BE ENTITLED
AN ACT
relating to the allocation of certain state hotel occupancy tax
revenue.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 33.604(b), Natural Resources Code, is
amended to read as follows:
(b) The account consists of:
(1) all money appropriated for the purposes of this
subchapter;
(2) grants to this state from the United States for the
purposes of this subchapter;
(3) all money received by this state from the sale of
dredged material; [and]
(4) penalties or costs collected under Section 61.0184
or 63.1814; and
(5) money transferred to the account under Section
156.252, Tax Code.
SECTION 2. Subchapter F, Chapter 156, Tax Code, is amended
by adding Section 156.252 to read as follows:
Sec. 156.252. ALLOCATION OF CERTAIN REVENUE TO BENEFIT
COASTAL COUNTIES. (a) In this section, "coastal county" means any
county adjacent to:
(1) the Gulf of Mexico; or
(2) Corpus Christi Bay.
(b) Beginning with the state fiscal year beginning
September 1, 2021, and except as provided by Subsection (d), the
comptroller shall, not later than September 30 of each state fiscal
year:
(1) compute the amount of revenue derived from the
collection of taxes imposed under this chapter at a rate of two
percent and received from hotels located in coastal counties during
the preceding state fiscal year; and
(2) transfer that amount to the coastal erosion
response account created under Section 33.604, Natural Resources
Code.
(c) Revenue transferred under this section may be
appropriated only to the General Land Office for a purpose
consistent with Subchapter H, Chapter 33, Natural Resources Code,
that benefits a coastal county.
(d) Revenue derived from the collection of taxes under this
chapter that is placed in a suspense account under Section
151.429(h) or under Section 2303.5055(f), Government Code, is
excluded from the computation required by Subsection (b)(1).
SECTION 3. This Act takes effect September 1, 2019.