LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 11, 2025 TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4412 by Landgraf (Relating to the use of hotel occupancy tax revenue by certain municipalities.), As Introduced No fiscal implication to the State is anticipated. Local Government ImpactThe bill would authorize a municipality that is the county seat of a county that borders New Mexico and contains a portion of a state park that is located in two counties, that meets certain hotel occupancy requirements and hotel occupancy tax revenue account unexpended balance requirements as provided by the bill to spend municipal hotel occupancy tax revenue on a public improvement project that will directly benefit the hotel and tourism industry. Source Agencies: b > td > LBB Staff: b > td > JMc, KK, SD, BRI LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 11, 2025 TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4412 by Landgraf (Relating to the use of hotel occupancy tax revenue by certain municipalities.), As Introduced TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4412 by Landgraf (Relating to the use of hotel occupancy tax revenue by certain municipalities.), 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 HB4412 by Landgraf (Relating to the use of hotel occupancy tax revenue by certain municipalities.), As Introduced HB4412 by Landgraf (Relating to the use of 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. Local Government Impact The bill would authorize a municipality that is the county seat of a county that borders New Mexico and contains a portion of a state park that is located in two counties, that meets certain hotel occupancy requirements and hotel occupancy tax revenue account unexpended balance requirements as provided by the bill to spend municipal hotel occupancy tax revenue on a public improvement project that will directly benefit the hotel and tourism industry. Source Agencies: b > td > LBB Staff: b > td > JMc, KK, SD, BRI JMc, KK, SD, BRI