Business
Kyle offers up support for HOT tax legislation, wins
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 Sena...