COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4471-01
Bill No.: SB 915
Subject: Counties; Motels and Hotels; Taxation and Revenue - General; Taxation and Revenue - Sales and Use
Type: Original
Date: February 16, 2010
Bill Summary: This proposal authorizes Montgomery County to seek voter approval for the imposition of a transient guest tax.
FISCAL SUMMARY
ESTIMATED NET EFFECT ON GENERAL REVENUE FUND |
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FUND AFFECTED |
FY 2011 |
FY 2012 |
FY 2013 |
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Total Estimated Net Effect on General Revenue Fund |
$0 |
$0 |
$0 |
ESTIMATED NET EFFECT ON OTHER STATE FUNDS |
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FUND AFFECTED |
FY 2011 |
FY 2012 |
FY 2013 |
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Total Estimated Net Effect on Other State Funds |
$0 |
$0 |
$0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 4 pages.
ESTIMATED NET EFFECT ON FEDERAL FUNDS |
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FUND AFFECTED |
FY 2011 |
FY 2012 |
FY 2013 |
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Total Estimated Net Effect on All Federal Funds |
$0 |
$0 |
$0 |
ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE) |
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FUND AFFECTED |
FY 2011 |
FY 2012 |
FY 2013 |
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Total Estimated Net Effect on FTE |
0 |
0 |
0 |
☐ Estimated Total Net Effect on All funds expected to exceed $100,000 savings or (cost).
☐ Estimated Net Effect on General Revenue Fund expected to exceed $100,000 (cost).
ESTIMATED NET EFFECT ON LOCAL FUNDS |
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FUND AFFECTED |
FY 2011 |
FY 2012 |
FY 2013 |
Local Government |
$0 |
$0 |
$0 |
FISCAL ANALYSIS
ASSUMPTION
Officials from the Department of Revenue assume the proposal would not fiscally impact their agency.
Officials from Montgomery County did not respond to our request for fiscal impact.
Oversight assumes this proposal allows Montgomery County to impose a transient guest tax of up to five percent and could not be implemented without voter approval. Therefore, Oversight assumes this proposal to be permissive and would have no state or local fiscal impact.
FISCAL IMPACT - State Government |
FY 2011 (10 Mo.) |
FY 2012 |
FY 2013 |
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$0 |
$0 |
$0 |
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FISCAL IMPACT - Local Government |
FY 2011 (10 Mo.) |
FY 2012 |
FY 2013 |
|
|
|
|
|
$0 |
$0 |
$0 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
FISCAL DESCRIPTION
The proposed legislation appears to have no fiscal impact.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Department of Revenue
NOT RESPONDING
Montgomery County
Mickey Wilson, CPA
Director
February 16, 2010