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Kyle offers up support for HOT tax legislation, wins

Kyle offers up support for HOT tax legislation, wins
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Recently passed legislation could help Kyle not only boost tourism, but potentially incentivize development of a hotel and convention center. 

House Bill (HB 4347), authored by State Rep. Rafael Anchia (D-Dallas), would allow certain municipalities to redistribute money collected via Hotel Occupancy Taxes (HOT) to subsidize hotel and convention center projects and other qualified projects. The bill, which was cosponsored by more than 60 state legislators, was approved by the Texas House and Senate May 21. The bill was sent to Gov. Greg Abbott May 26. Abbott had until June 6 to either sign the bill, veto it or allow its passage by taking no action.

In May, Kyle City Council and Hays County each approved resolutions in support of legislation seeking to redistribute money collected from Hotel Occupancy Taxes back to cities looking to subsidize more tourism projects.

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