LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 1, 2023 TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4090 by Troxclair (Relating to the use of revenue attributable to the imposition of a hotel occupancy tax by certain municipalities and counties for venue projects and the period for which certain of those taxes may be imposed.), As Introduced No fiscal implication to the State is anticipated. The bill would amend Chapter 334 of the Local Government Code, relating to Sports and Community Venues.The bill would add Section 334.2519 to authorize a municipality with a population of 750,000 or more that is located in a county with a population of 1.5 million or less to use municipal hotel tax under this chapter to acquire, construct, improve, and equip a venue project and related infrastructure to be constructed on real property that is part of municipal park or recreation system. Local Government ImpactThe bill applies to Austin. Source Agencies: b > td > LBB Staff: b > td > JMc, KK, SD, BRI
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 1, 2023
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4090 by Troxclair (Relating to the use of revenue attributable to the imposition of a hotel occupancy tax by certain municipalities and counties for venue projects and the period for which certain of those taxes may be imposed.), As Introduced
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4090 by Troxclair (Relating to the use of revenue attributable to the imposition of a hotel occupancy tax by certain municipalities and counties for venue projects and the period for which certain of those taxes may be imposed.), As Introduced
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB4090 by Troxclair (Relating to the use of revenue attributable to the imposition of a hotel occupancy tax by certain municipalities and counties for venue projects and the period for which certain of those taxes may be imposed.), As Introduced
HB4090 by Troxclair (Relating to the use of revenue attributable to the imposition of a hotel occupancy tax by certain municipalities and counties for venue projects and the period for which certain of those taxes may be imposed.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Chapter 334 of the Local Government Code, relating to Sports and Community Venues.The bill would add Section 334.2519 to authorize a municipality with a population of 750,000 or more that is located in a county with a population of 1.5 million or less to use municipal hotel tax under this chapter to acquire, construct, improve, and equip a venue project and related infrastructure to be constructed on real property that is part of municipal park or recreation system.
The bill would add Section 334.2519 to authorize a municipality with a population of 750,000 or more that is located in a county with a population of 1.5 million or less to use municipal hotel tax under this chapter to acquire, construct, improve, and equip a venue project and related infrastructure to be constructed on real property that is part of municipal park or recreation system.
Local Government Impact
The bill applies to Austin.
Source Agencies: b > td >
LBB Staff: b > td > JMc, KK, SD, BRI
JMc, KK, SD, BRI