HBA-GUM S.B. 1666 76(R) BILL ANALYSIS Office of House Bill AnalysisS.B. 1666 By: Jackson Ways & Means 5/5/1999 Engrossed BACKGROUND AND PURPOSE Under current law, hotel occupancy taxes are not allowed to be used for refunding bonds. S.B. 1666 authorizes an eligible coastal municipality and a park board of trustees created by the municipality to contract for the park board to use hotel occupancy taxes; and, without further authorization, to use the taxes for the purpose of issuing bonds or entering into other agreements. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 351.105, Tax Code, by adding Subsections (f) and (g), as follows: (f) Authorizes an eligible coastal municipality and a park board of trustees created by the municipality to contract for the park board to use hotel occupancy taxes as provided by this section (Allocation of Revenue: Eligible Coastal Municipalities); and, without further authorization, to use the taxes as provided by this section, including for the purpose of issuing bonds or entering into other agreements. (g) Provides that this section, Chapter 306 (Park Board and Park Bonds: Municipalities with Population of More Than 40,000), Local Government Code, and Article 1269j-4.1 (Public Improvements in City, Town, or Village; Bonds; Occupancy Tax), V.T.C.S., prevail over any conflicting provision in the charter of an eligible coastal municipality. SECTION 2. Emergency clause. Effective date: upon passage.