Texas HB4095 allows certain coastal municipalities to increase hotel occupancy tax rates and use the additional revenue for public improvements and.

HB4095 amends the Texas Tax Code to allow eligible coastal municipalities with populations of 5,000 or less to increase their hotel occupancy tax rate beyond the standard seven percent, up to a maximum of eight percent. This increase can only be implemented if approved by a majority vote of the municipality's residents. The additional revenue generated from this higher tax rate can be used for public improvements such as parks, civic centers, and marinas, or for the beautification of streetscapes, focusing on pedestrian safety and accessibility.

Texas HB4095 allows certain coastal municipalities to increase hotel occupancy tax rates and use the additional revenue for public improvements and.

HB4095 amends the Texas Tax Code to allow eligible coastal municipalities with populations of 5,000 or less to increase their hotel occupancy tax rate beyond the standard seven percent, up to a maximum of eight percent. This increase can only be implemented if approved by a majority vote of the municipality's residents. The additional revenue generated from this higher tax rate can be used for public improvements such as parks, civic centers, and marinas, or for the beautification of streetscapes, focusing on pedestrian safety and accessibility.