State of Texas – Fiscal Management

Manual of Accounts

GR Account 5003 – Hotel Occupancy Tax for Economic Development
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Legal Citations:
Origin Date: 1981
Issue Date: 1995-09-01
Revised Date: 2003-09-01

Purpose

Created in General Revenue to receive an amount equal to revenue derived from collection of hotel occupancy tax equal at a rate of 1/2 of 1 percent for advertising and other marketing activities of the Economic Development and Tourism office.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Administering Agencies

  • 300 – Governor - Fiscal (formerly the Texas Department of Economic Development, Agency 480; formerly the Texas Department of Commerce, Agency 465)

Financial Activity

To view this GR account's current revenue and expenditure activity by agency or comptroller object code, visit the following links:

Notes

Exempt from loss of dedication (§ 403.094, Government Code) by S.B. 405, 73rd Leg., R.S.; S.B. 932, 75th Leg., R.S. abolished Department of Commerce and created Department of Economic Development. Texas Department of Economic Development repealed and duties transferred to the Economic Development and Tourism Office in the Governor's Office by S.B. 275, 78th Leg., R.S., effective 9-1-03.

USAS Values

USAS Title GR ACCT-HOTEL OCC TAX FOR ECONOMIC DEVEL
Consolidated Fund 0001
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status A
Used to make general expenditures for the daily operations of state government.


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