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By: Raney, Kacal (Senate Sponsor - Schwertner) |
H.B. No. 4187 |
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(In the Senate - Received from the House May 10, 2017; |
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May 11, 2017, read first time and referred to Committee on Natural |
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Resources & Economic Development; May 21, 2017, reported |
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adversely, with favorable Committee Substitute by the following |
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vote: Yeas 8, Nays 2; May 21, 2017, sent to printer.) |
Click here to see the committee vote |
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COMMITTEE SUBSTITUTE FOR H.B. No. 4187 |
By: Seliger |
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A BILL TO BE ENTITLED
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AN ACT
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relating to the use of revenue from municipal hotel occupancy taxes |
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for a sports facility or field in certain municipalities. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 351.1078, Tax Code, is amended by adding |
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Subsections (a-1) and (c) to read as follows: |
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(a-1) The report described by Subsection (a)(2) shall be |
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made accessible through a link that appears in a prominent place on |
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the municipality's Internet website. |
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(c) At least annually, a municipality to which this section |
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applies shall compare the actual area hotel revenue that is |
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attributable to sporting events held at the sporting related |
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facility or sports field described by Section 351.101(i) to the |
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projected annual amount of that revenue anticipated by the |
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municipality to be generated as a result of the construction or |
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expansion of the facility or field. If area hotel revenue |
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attributable to sporting events held at the facility or field is |
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less than the projected amount, the municipality shall, as soon as |
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practicable, develop and implement a plan to increase that revenue. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2017. |
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