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TX HB3216

TX HB3216
Relating to the use of hotel occupancy tax revenue by certain municipalities.


summary

Introduced
03/02/2023
In Committee
05/04/2023
Crossed Over
05/02/2023
Passed
Dead
05/29/2023

Introduced Session

88th Legislature Regular Session

Bill Summary

Relating to the use of hotel occupancy tax revenue by certain municipalities.

AI Summary

This bill amends the Texas Tax Code to allow certain municipalities with a population between 7,500 and 12,000, located in a county with a population between 1.8 and 2.3 million, and with at least one hotel within 350 feet of a city park, to use hotel occupancy tax revenue to construct a sports facility and amphitheater. However, the municipality must make a good-faith estimate of the hotel revenue that will be generated by events and activities at the facility, and cannot spend more hotel occupancy tax revenue on the construction than the estimated amount. After a five-year period, the municipality must reimburse any excess hotel occupancy tax revenue spent on the construction from its general fund.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (1)

Last Action

Referred to Natural Resources & Economic Development (on 05/04/2023)

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