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: HB4563 by Longoria (Relating to the authority of certain municipalities to authorize and finance certain venue projects and to use municipal hotel occupancy tax revenue for certain of those projects; authorizing the imposition of a tax.), 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 and Chapter 351 of the Tax Code, relating to the Municipal Hotel Occupancy Tax.The bill would amend Section 334.0082(a) by adding Subsection (3) to authorize a municipality that has a population of not more than 25,000 or more and contains a cultural heritage museum, and is located in a county that border the United Mexican States and Gulf of Mexico to impose a hotel occupancy tax under this chapter, at a rate not to exceed two percent of the cost of a room for the purposes established under this chapter.The bill would amend Section 351.101(7) by adding Subsection (F) to authorize a municipality that has a population of not more than 25,000 or more and contains a cultural heritage museum, and is located in a county that border the United Mexican States and Gulf of Mexico, to impose a municipal hotel occupancy tax, at a rate not to exceed none percent of the price paid for a room. The municipality would be required to allocate all revenue derived from the application of the tax at a rate of more than seven percent for the construction, expansion, maintenance, financing, operation, or debt service of a convention center or multiuse facility.The bill would have no state revenue implications. Local Government ImpactThe bill would apply to San Benito. 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: HB4563 by Longoria (Relating to the authority of certain municipalities to authorize and finance certain venue projects and to use municipal hotel occupancy tax revenue for certain of those projects; authorizing the imposition of a tax.), As Introduced
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4563 by Longoria (Relating to the authority of certain municipalities to authorize and finance certain venue projects and to use municipal hotel occupancy tax revenue for certain of those projects; authorizing the imposition of a tax.), 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
HB4563 by Longoria (Relating to the authority of certain municipalities to authorize and finance certain venue projects and to use municipal hotel occupancy tax revenue for certain of those projects; authorizing the imposition of a tax.), As Introduced
HB4563 by Longoria (Relating to the authority of certain municipalities to authorize and finance certain venue projects and to use municipal hotel occupancy tax revenue for certain of those projects; authorizing the imposition of a tax.), 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 and Chapter 351 of the Tax Code, relating to the Municipal Hotel Occupancy Tax.The bill would amend Section 334.0082(a) by adding Subsection (3) to authorize a municipality that has a population of not more than 25,000 or more and contains a cultural heritage museum, and is located in a county that border the United Mexican States and Gulf of Mexico to impose a hotel occupancy tax under this chapter, at a rate not to exceed two percent of the cost of a room for the purposes established under this chapter.The bill would amend Section 351.101(7) by adding Subsection (F) to authorize a municipality that has a population of not more than 25,000 or more and contains a cultural heritage museum, and is located in a county that border the United Mexican States and Gulf of Mexico, to impose a municipal hotel occupancy tax, at a rate not to exceed none percent of the price paid for a room. The municipality would be required to allocate all revenue derived from the application of the tax at a rate of more than seven percent for the construction, expansion, maintenance, financing, operation, or debt service of a convention center or multiuse facility.The bill would have no state revenue implications.
Local Government Impact
The bill would apply to San Benito.
Source Agencies: b > td >
LBB Staff: b > td > JMc, KK, SD, BRI
JMc, KK, SD, BRI