Texas HB4926 allows certain counties to impose a hotel occupancy tax for specific purposes.

HB4926 amends the Texas Tax Code to allow the commissioners court of a county with a population under 100,000 that borders the Navasota River and holds an annual renaissance festival to impose a hotel occupancy tax. The tax rate cannot exceed seven percent of the room price, or two percent if the hotel is in a municipality with its own hotel tax. Revenue from the tax can be used for agricultural expositions, tourism promotion, historical preservation, and operating a civic center with an arena for events. Nonprofit hotels exempt from federal income tax are not subject to this tax.

Texas HB4926 allows certain counties to impose a hotel occupancy tax for specific purposes.

HB4926 amends the Texas Tax Code to allow the commissioners court of a county with a population under 100,000 that borders the Navasota River and holds an annual renaissance festival to impose a hotel occupancy tax. The tax rate cannot exceed seven percent of the room price, or two percent if the hotel is in a municipality with its own hotel tax. Revenue from the tax can be used for agricultural expositions, tourism promotion, historical preservation, and operating a civic center with an arena for events. Nonprofit hotels exempt from federal income tax are not subject to this tax.