Texas Tax Code 351.1054 – Allocation of Revenue: Eligible Barrier Island Coastal Municipality
(a) In this section, “spacecraft” and “spaceport” have the meanings assigned by § 507.001, Local Government Code.
(b) Notwithstanding any other provision of this chapter, an eligible barrier island coastal municipality may use revenue from the municipal hotel occupancy tax for:
(1) promotional and event expenses for an ecological tourism event, including an event for which the primary attraction is traveling to an area of natural or ecological interest for the purpose of observing and learning about wildlife and the area’s natural environment, if:
(A) a majority of the event’s participants are tourists; and
(B) the event substantially increases economic activity at hotels and motels within or in the vicinity of the municipality;
(2) expenses directly related to:
(A) the acquisition of sites to observe spacecraft and spaceport activities; and
(B) the construction, improvement, enlarging, equipping, repairing, operation, and maintenance of facilities utilized by hotel guests to observe and learn about spacecraft and spaceport operations; and
(3) expenses directly related to the construction, improvement, equipping, repairing, operation, and maintenance of coastal sports facilities owned by the municipality, including boat docks, boat ramps, and fishing piers used by hotel guests, if:
(A) the coastal sports facilities have been used in the preceding calendar year a combined total of more than five times for district, state, regional, or national sports tournaments or events; and
(B) the majority of the events at the coastal sports facilities are directly related to a sports tournament or event in which the majority of participants are tourists who substantially increase economic activity at hotels within or in the vicinity of the municipality.
Terms Used In Texas Tax Code 351.1054
- Improvement: means :
(A) a building, structure, fixture, or fence erected on or affixed to land;
(B) a transportable structure that is designed to be occupied for residential or business purposes, whether or not it is affixed to land, if the owner of the structure owns the land on which it is located, unless the structure is unoccupied and held for sale or normally is located at a particular place only temporarily; or
(C) for purposes of an entity created under § 52, Article III, or § 59, Article XVI, Texas Constitution, the:
(i) subdivision of land by plat;
(ii) installation of water, sewer, or drainage lines; or
(iii) paving of undeveloped land. See Texas Tax Code 1.04 - Year: means 12 consecutive months. See Texas Government Code 311.005
(c) A municipality may use for the purposes provided by Subsections (b)(1), (2), and (3) not more than the greater of:
(1) 15 percent of the hotel occupancy tax revenue collected by the municipality; or
(2) the amount of tax received by the municipality at the rate of one percent of the cost of a room.