Loading chat...
TX HB4095
Bill
Status
3/7/2025
Primary Sponsor
Todd Hunter
Click for details
AI Summary
-
Allows eligible coastal municipalities with populations of 5,000 or less that have a state highway ferry system to increase their hotel occupancy tax rate above the standard limit, up to a maximum of 8% of the room price, if approved by majority voter approval at an election
-
Revenue from the tax rate exceeding 7% may be used for streetscape beautification and main street improvements, including pedestrian safety and accessibility enhancements
-
Adds "streetscapes" to the list of eligible public improvements that coastal municipalities can fund with hotel occupancy tax revenue for bond payments or maintenance/operations
-
Limits spending on streetscape and main street improvements from hotel tax revenue to no more than what the municipality spends on those purposes from all other funding sources combined in a calendar year
-
The provisions authorizing the increased tax rate and expanded spending purposes expire on December 31, 2035
Legislative Description
Relating to the rate of the hotel occupancy tax in certain municipalities and the use of certain revenue from that tax by those municipalities; authorizing an increase in the rate of a tax.
Taxation
Last Action
Referred to Ways & Means
3/27/2025