Bill Text: TX HB550 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to the use of municipal hotel occupancy tax revenue for certain infrastructure projects and public parks.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-02-23 - Referred to Ways & Means [HB550 Detail]
Download: Texas-2023-HB550-Introduced.html
88R1682 CJC-F | ||
By: Vasut | H.B. No. 550 |
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relating to the use of municipal hotel occupancy tax revenue for | ||
certain infrastructure projects and public parks. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter B, Chapter 351, Tax Code, is amended | ||
by adding Section 351.1011 to read as follows: | ||
Sec. 351.1011. USE OF TAX REVENUE FOR CERTAIN | ||
INFRASTRUCTURE PROJECTS AND PUBLIC PARKS. (a) In this section, | ||
"qualified infrastructure" means: | ||
(1) a road, street, highway, bridge, overpass, | ||
underpass, or interchange: | ||
(A) from which an entrance to a hotel is | ||
accessible; or | ||
(B) that constitutes, wholly or partly, the | ||
shortest route between a hotel and a state highway, interstate | ||
highway, public beach, visitor or tourism information center, or | ||
convention center facility or complex that is located within five | ||
miles of the hotel; | ||
(2) a water supply system from which a hotel receives | ||
water; | ||
(3) a sanitary sewer system into which a hotel | ||
discharges wastewater; or | ||
(4) a storm drainage system into which runoff from a | ||
hotel flows. | ||
(b) In addition to the purposes provided by Section | ||
351.101(a), a municipality may use revenue from the municipal hotel | ||
occupancy tax to promote tourism and the convention and hotel | ||
industry by: | ||
(1) acquiring, constructing, repairing, remodeling, | ||
or expanding qualified infrastructure that is owned by the | ||
municipality and that is located not more than one mile from a | ||
hotel; and | ||
(2) making improvements to a public park that is owned | ||
by the municipality and that is located not more than one mile from | ||
a hotel. | ||
(c) The amount of municipal hotel occupancy tax revenue a | ||
municipality may use in a fiscal year for a purpose authorized under | ||
this section may not exceed 20 percent of the amount of revenue the | ||
municipality collected from that tax during the preceding fiscal | ||
year. | ||
(d) A municipality that uses municipal hotel occupancy tax | ||
revenue under this section: | ||
(1) may, notwithstanding the limitation under | ||
Subsection (c), reserve not more than 20 percent of the revenue from | ||
that tax collected in a fiscal year for use under this section | ||
during the succeeding three fiscal years; and | ||
(2) may not reduce the percentage of revenue from that | ||
tax allocated for a purpose described by Section 351.101(a)(3) to a | ||
percentage that is less than the average percentage of the revenue | ||
from that tax allocated by the municipality for the purpose | ||
described by Section 351.101(a)(3) during the 36-month period | ||
preceding the date the municipality begins using revenue for a | ||
purpose described by this section. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2023. |