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  H.B. No. 4174
 
 
 
 
AN ACT
  relating to the nonsubstantive revision of the event reimbursement
  programs, including the Pan American Games trust fund, Olympic
  Games trust fund, Major Events reimbursement program fund, Motor
  Sports Racing trust fund, and Events trust fund; including
  conforming amendments.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
  ARTICLE 1. NONSUBSTANTIVE REVISION OF THE EVENT REIMBURSEMENT
  PROGRAMS
         SECTION 1.01.  Title 4, Government Code, is amended by
  adding Subtitle E-1 to read as follows:
  SUBTITLE E-1. EVENT REIMBURSEMENT PROGRAMS
  CHAPTER 475. GENERAL PROVISIONS
  CHAPTER 476. PAN AMERICAN GAMES TRUST FUND
  CHAPTER 477. OLYMPIC GAMES TRUST FUND
  CHAPTER 478. MAJOR EVENTS REIMBURSEMENT PROGRAM
  CHAPTER 479. MOTOR SPORTS RACING TRUST FUND
  CHAPTER 480. EVENTS TRUST FUND
 
  CHAPTER 475. GENERAL PROVISIONS
  SUBCHAPTER A. GENERAL PROVISIONS
  Sec. 475.0001.  DEFINITIONS 
  Sec. 475.0002.  PURPOSES OF SUBTITLE 
  Sec. 475.0003.  LEGISLATIVE FINDINGS 
  Sec. 475.0004.  RULES 
  SUBCHAPTER B. ACTIONS OF OFFICE AND STATE AGENCIES IN RELATION TO
  GAMES
  Sec. 475.0051.  APPLICABILITY OF SUBCHAPTER 
  Sec. 475.0052.  REQUEST FOR OFFICE TO ENTER INTO GAMES
                   SUPPORT CONTRACT 
  Sec. 475.0053.  TIME FOR DETERMINATION 
  Sec. 475.0054.  PREREQUISITE FOR EXECUTION OF GAMES
                   SUPPORT CONTRACT 
  Sec. 475.0055.  JOINDER UNDERTAKING TERMS 
  Sec. 475.0056.  JOINDER AGREEMENT TERMS 
  Sec. 475.0057.  ADDITIONAL TERMS OF GAMES SUPPORT
                   CONTRACT 
  Sec. 475.0058.  REPAYMENT AGREEMENT REQUIRED 
  Sec. 475.0059.  STATE AS ADDITIONAL INSURED 
  Sec. 475.0060.  SUPPORT BY CERTAIN STATE AGENCIES 
  SUBCHAPTER C. LOCAL ORGANIZING COMMITTEES
  Sec. 475.0101.  APPLICABILITY OF OPEN MEETINGS AND OPEN
                   RECORDS LAWS 
  Sec. 475.0102.  TAX EXEMPTIONS FOR CERTAIN COMMITTEES 
  Sec. 475.0103.  ETHICS REQUIREMENTS RELATING TO CERTAIN
                   COMMITTEES; FINANCIAL DISCLOSURES 
  SUBCHAPTER D.  LOCAL GOVERNMENT CORPORATION IN CERTAIN POPULOUS
  COUNTIES AS ENDORSING MUNICIPALITY OR COUNTY
  Sec. 475.0151.  APPLICABILITY 
  Sec. 475.0152.  AUTHORITY TO ACT AS ENDORSING
                   MUNICIPALITY OR COUNTY 
  Sec. 475.0153.  DEPOSIT OF MUNICIPAL OR COUNTY TAX REVENUE
                   TO TRUST FUND 
  Sec. 475.0154.  PLEDGE OF SURCHARGES TO GUARANTEE
                   OBLIGATIONS 
  SUBCHAPTER E. CRIMINAL PENALTIES
  Sec. 475.0201.  OFFENSE OF BRIBERY 
  CHAPTER 475. GENERAL PROVISIONS
  SUBCHAPTER A. GENERAL PROVISIONS
         Sec. 475.0001.  DEFINITIONS. In this subtitle:
               (1)  "Endorsing county" means an endorsing county for
  purposes of Chapter 477, 478, 479, or 480.
               (2)  "Endorsing municipality" means an endorsing
  municipality for purposes of Chapter 476, 477, 478, 479, or 480.
               (3)  "Event" means a game or an event as defined by
  Chapter 478, 479, or 480.
               (4)  "Games" means any of the following and includes
  the events and activities related to the following:
                     (A)  the College Football Playoff games;
                     (B)  the Major League Baseball All-Star Game;
                     (C)  the National Basketball Association All-Star
  Game;
                     (D)  the National Collegiate Athletic Association
  Final Four;
                     (E)  the National Hockey League All-Star Game;
                     (F)  the Olympic Games;
                     (G)  the Pan American Games;
                     (H)  the Super Bowl;
                     (I)  the World Cup Soccer Games; or
                     (J)  the World Games.
               (5)  "Games support contract" means a joinder
  undertaking, a joinder agreement, or a similar contract executed by
  the office and containing terms permitted or required by this
  subtitle.
               (6)  "Joinder agreement" means an agreement:
                     (A)  entered into by the office on behalf of this
  state and a site selection organization setting out representations
  and assurances by this state in connection with the selection of a
  site in this state for a game or event; or
                     (B)  entered into by a local organizing committee,
  an endorsing municipality, or an endorsing county, or more than one
  local organizing committee, endorsing municipality, or endorsing
  county acting collectively, and a site selection organization
  setting out representations and assurances by each local organizing
  committee, endorsing municipality, or endorsing county in
  connection with the selection of a site in this state for a game or
  event.
               (7)  "Joinder undertaking" means an agreement:
                     (A)  entered into by the office on behalf of this
  state and a site selection organization that this state will
  execute a joinder agreement if the site selection organization
  selects a site in this state for a game or event; or
                     (B)  entered into by a local organizing committee,
  an endorsing municipality, or an endorsing county, or more than one
  local organizing committee, endorsing municipality, or endorsing
  county acting collectively, and a site selection organization that
  each local organizing committee, endorsing municipality, or
  endorsing county will execute a joinder agreement if the site
  selection organization selects a site in this state for a game or
  event.
               (8)  "Local organizing committee" means a nonprofit
  corporation or the corporation's successor in interest that:
                     (A)  is authorized by an endorsing municipality,
  endorsing county, or more than one endorsing municipality or county
  acting collectively to pursue an application and bid on the
  applicant's behalf to a site selection organization for selection
  as the site of a game or event; or
                     (B)  with authorization from an endorsing
  municipality, endorsing county, or more than one endorsing
  municipality or county acting collectively, executes an agreement
  with a site selection organization regarding a bid to host a game or
  event.
               (9)  "Office" means the Texas Economic Development and
  Tourism Office within the office of the governor.
               (10)  "Site selection organization" means a site
  selection organization as defined by Chapters 477, 478, and 480.
  (V.A.C.S. Art. 5190.14, Secs. 1(1), (1-a), (2), (2-a), (3) as
  amended Acts 78th Leg., R.S., Ch. 814, (4), (5), (6), (7), (8).)
         Sec. 475.0002.  PURPOSES OF SUBTITLE. The purposes of this
  subtitle are to:
               (1)  provide assurances required by a site selection
  organization sponsoring a game or event; and
               (2)  provide financing for the costs of:
                     (A)  applying or bidding for selection as the site
  of a game or event in this state;
                     (B)  making preparations necessary and desirable
  for conducting a game or event in this state, including costs of the
  construction or renovation of facilities to the extent authorized
  by this subtitle; and
                     (C)  conducting a game or event in this state.
  (V.A.C.S. Art. 5190.14, Sec. 2.)
         Sec. 475.0003.  LEGISLATIVE FINDINGS. Conducting one or
  more games or events in this state will:
               (1)  provide invaluable public visibility throughout
  the nation or world for this state and the communities where the
  games or events are held;
               (2)  encourage and provide major economic benefits to
  the communities where the games or events are held and to the entire
  state; and
               (3)  provide opportunities for local and Texas
  businesses to create jobs that pay a living wage. (V.A.C.S. Art.
  5190.14, Sec. 3.)
         Sec. 475.0004.  RULES.  The office of the governor shall
  adopt rules consistent with this subtitle to ensure efficient
  administration of the trust funds established under this subtitle,
  including rules related to application and receipt requirements.
  (V.A.C.S. Art. 5190.14, Sec. 3A.)
  SUBCHAPTER B. ACTIONS OF OFFICE AND STATE AGENCIES IN RELATION TO
  GAMES
         Sec. 475.0051.  APPLICABILITY OF SUBCHAPTER. This
  subchapter does not apply to or otherwise affect an event support
  contract under Chapter 478, 479, or 480 to which the office is not a
  party.   (V.A.C.S. Art. 5190.14, Sec. 7(a) (part).)
         Sec. 475.0052.  REQUEST FOR OFFICE TO ENTER INTO GAMES
  SUPPORT CONTRACT. (a) The office shall review a request from a
  local organizing committee, endorsing municipality, or endorsing
  county that the office, on behalf of this state, enter into a games
  support contract required by a site selection organization in
  connection with the committee's, municipality's, or county's bid to
  host any of the games.
         (b)  A request under Subsection (a) must be accompanied by:
               (1)  a general description and summary of the games for
  which the local organizing committee, endorsing municipality, or
  endorsing county is seeking a site selection;
               (2)  a preliminary and general description of the
  proposal the local organizing committee, endorsing municipality,
  or endorsing county intends to submit to a site selection
  organization;
               (3)  the estimated cost of preparing and submitting the
  intended proposal;
               (4)  the local organizing committee's, endorsing
  municipality's, or endorsing county's intended method of obtaining
  the money needed for preparing the proposal;
               (5)  a description by type and approximate amount of
  the site selection application costs that the local organizing
  committee, endorsing municipality, or endorsing county intends to
  pay; and
               (6)  any other information reasonably requested by the
  office to assist the office in reviewing the request. (V.A.C.S.
  Art. 5190.14, Secs. 7(a) (part), (b).)
         Sec. 475.0053.  TIME FOR DETERMINATION. The office shall
  approve or deny a request under Section 475.0052 not later than the
  30th day after the date the local organizing committee, endorsing
  municipality, or endorsing county submits the request. (V.A.C.S.
  Art. 5190.14, Sec. 7(c).)
         Sec. 475.0054.  PREREQUISITE FOR EXECUTION OF GAMES SUPPORT
  CONTRACT. The office may agree to execute a games support contract
  only if:
               (1)  the office determines that:
                     (A)  this state's assurances and obligations
  under the contract are reasonable; and
                     (B)  any financial commitment of this state will
  be satisfied exclusively by recourse to the Pan American Games
  trust fund or the Olympic Games trust fund, as applicable; and
               (2)  the endorsing municipality or endorsing county has
  executed an agreement with a site selection organization that
  contains substantially similar terms. (V.A.C.S. Art. 5190.14, Sec.
  7(f).)
         Sec. 475.0055.  JOINDER UNDERTAKING TERMS. The office may
  agree in a joinder undertaking entered into with a site selection
  organization that the office will:
               (1)  execute a joinder agreement if the site selection
  organization selects a site in this state for the games; and
               (2)  refrain from taking any action after execution of
  the joinder undertaking that would impair the office's ability to
  execute the joinder agreement. (V.A.C.S. Art. 5190.14, Sec. 7(d).)
         Sec. 475.0056.  JOINDER AGREEMENT TERMS. The office may
  agree in a joinder agreement that this state will:
               (1)  provide or cause to be provided all of the
  governmental funding, facilities, and other resources specified in
  the local organizing committee's, endorsing municipality's, or
  endorsing county's bid to host the games;
               (2)  be bound by the terms of, cause the local
  organizing committee, endorsing municipality, or endorsing county
  to perform, and guarantee performance of the committee's,
  municipality's, or county's obligations under contracts relating to
  selecting a site in this state for the games; and
               (3)  be jointly and severally liable with the local
  organizing committee, endorsing municipality, or endorsing county
  for:
                     (A)  an obligation of the committee,
  municipality, or county to a site selection organization, including
  an obligation indemnifying the organization against a claim of and
  liability to a third party arising out of or relating to the games;
  and
                     (B)  any financial deficit relating to the games.
  (V.A.C.S. Art. 5190.14, Sec. 7(e).)
         Sec. 475.0057.  ADDITIONAL TERMS OF GAMES SUPPORT CONTRACT.
  A games support contract may contain any additional provision the
  office requires to carry out the purposes of this subtitle.
  (V.A.C.S. Art. 5190.14, Sec. 7(h).)
         Sec. 475.0058.  REPAYMENT AGREEMENT REQUIRED. (a) Before
  executing a games support contract, the office must execute an
  agreement with the local organizing committee, endorsing
  municipality, or endorsing county requiring the committee,
  municipality, or county to repay this state any money spent by the
  office under this subtitle if a site selection organization selects
  a site for the games in this state in accordance with an application
  by the committee, municipality, or county.
         (b)  The local organizing committee, endorsing municipality,
  or endorsing county will make a repayment under Subsection (a) from
  any surplus of the committee's, municipality's, or county's money
  remaining after:
               (1)  presentation of the games; and
               (2)  payment of the expenses and obligations incurred
  by the committee, municipality, or county. (V.A.C.S. Art. 5190.14,
  Sec. 7(g).)
         Sec. 475.0059.  STATE AS ADDITIONAL INSURED. The office may
  require a local organizing committee, endorsing municipality, or
  endorsing county to list this state as an additional insured on any
  insurance policy purchased by the committee, municipality, or
  county that a site selection organization requires to be in effect
  in connection with the games. (V.A.C.S. Art. 5190.14, Sec. 7(i).)
         Sec. 475.0060.  SUPPORT BY CERTAIN STATE AGENCIES. The
  Texas Department of Transportation, the Department of Public Safety
  of the State of Texas, and the Texas Department of Housing and
  Community Affairs may:
               (1)  assist a local organizing committee, endorsing
  municipality, or endorsing county in developing applications and
  planning for the games; and
               (2)  enter into a contract or agreement or give
  assurances related to the presentation of the games. (V.A.C.S. Art.
  5190.14, Sec. 7(j).)
  SUBCHAPTER C. LOCAL ORGANIZING COMMITTEES
         Sec. 475.0101.  APPLICABILITY OF OPEN MEETINGS AND OPEN
  RECORDS LAWS.  (a) A local organizing committee and the committee's
  governing body are subject to Chapters 551 and 552. For purposes of
  those chapters, the governing body of a local organizing committee
  is considered a governmental body as defined by those chapters. For
  purposes of Chapter 552, the records and information of a local
  organizing committee are considered public records and public
  information.
         (b)  A final bid that a local organizing committee submits to
  a site selection organization, or a draft of that bid, is excepted
  from required public disclosure under Chapter 552 until the
  organization selects the site for the games.
         (c)  Chapter 551 does not apply to a meeting of a
  subcommittee of a local organizing committee's governing body if:
               (1)  the subcommittee consists of not more than five
  members;
               (2)  the meeting is not held in a public building;
               (3)  the subcommittee makes a recording of the meeting
  proceedings in compliance with Section 551.103, and the committee
  preserves the recording until the second anniversary of the date
  the recording is made;
               (4)  the subcommittee does not discuss or decide any
  financial matters during the meeting; and
               (5)  any decision the subcommittee makes will not take
  effect without the governing body reviewing and officially adopting
  the decision at a meeting held in compliance with Chapter 551.
         (d)  A recording made under Subsection (c) is subject to
  required public disclosure in the manner prescribed by Chapter 552
  for a public record. (V.A.C.S. Art. 5190.14, Sec. 8.)
         Sec. 475.0102.  TAX EXEMPTIONS FOR CERTAIN COMMITTEES. A
  local organizing committee that is exempt from paying federal
  income tax under Section 501(c), Internal Revenue Code of 1986, is
  exempt from:
               (1)  the sales, excise, and use taxes imposed under
  Chapter 151, Tax Code;
               (2)  taxes on the sale, rental, and use of a motor
  vehicle imposed under Chapter 152, Tax Code;
               (3)  the hotel occupancy tax imposed under Chapter 156,
  Tax Code; and
               (4)  the franchise tax imposed under Chapter 171, Tax
  Code. (V.A.C.S. Art. 5190.14, Sec. 9(a).)
         Sec. 475.0103.  ETHICS REQUIREMENTS RELATING TO CERTAIN
  COMMITTEES; FINANCIAL DISCLOSURES. (a) A local organizing
  committee that submits a request under Section 475.0052 must:
               (1)  affirm as a part of that request that the committee
  is in full compliance with the ethical guidelines provided by all
  contracts entered into and rules adopted by the site selection
  organization, including the organization's requirements regarding
  disclosure of any financial interest a director, officer, or
  senior-level employee of the committee has in any proposed
  transaction with the committee;
               (2)  not later than the 15th day of the first month
  following each calendar quarter, file with the secretary of the
  endorsing municipality for which the committee submits a request:
                     (A)  a certification that the committee continues
  to comply with the ethical guidelines described by Subdivision (1);
  and
                     (B)  a report of contributions to and expenditures
  by the committee, in the manner described by Subsection (b); and
               (3)  file with the secretary of the endorsing
  municipality on April 15 of each year a copy of each financial
  statement a committee or a member of a committee is required to
  submit to the United States Olympic Committee during the preceding
  calendar year.
         (b)  A report under Subsection (a)(2)(B) must include:
               (1)  for each contribution made to the local organizing
  committee:
                     (A)  the contributor's full name and address;
                     (B)  the date of the contribution;
                     (C)  whether the contribution is cash, made by
  check, or in-kind; and
                     (D)  the amount or market value of the
  contribution; and
               (2)  for each expenditure made by the local organizing
  committee:
                     (A)  the full name and address of the person who
  receives payment of the expenditure;
                     (B)  the date of the expenditure;
                     (C)  the amount of the expenditure; and
                     (D)  the purpose of the expenditure.
         (c)  The endorsing municipality for which a local organizing
  committee submits a request under Section 475.0052 must have a
  comprehensive ethics code establishing standards of conduct,
  disclosure requirements, and enforcement mechanisms relating to
  municipal officials and employees before the office considers the
  request.  (V.A.C.S. Art. 5190.14, Sec. 10.)
  SUBCHAPTER D.  LOCAL GOVERNMENT CORPORATION IN CERTAIN POPULOUS
  COUNTIES AS ENDORSING MUNICIPALITY OR COUNTY
         Sec. 475.0151.  APPLICABILITY. This subchapter applies only
  to a local government corporation that:
               (1)  is authorized to collect a municipal hotel
  occupancy tax; and
               (2)  is located in a county with a population of 3.3
  million or more. (V.A.C.S. Art. 5190.14, Sec. 12(a).)
         Sec. 475.0152.  AUTHORITY TO ACT AS ENDORSING MUNICIPALITY
  OR COUNTY. (a)  A local government corporation may act as an
  endorsing municipality or endorsing county under this subtitle.
         (b)  Subject to Section 475.0153, a local government
  corporation acting as an endorsing municipality or endorsing county
  under this subtitle has all the powers of an endorsing municipality
  or endorsing county under this subtitle, and any action an
  endorsing municipality or endorsing county is required to take by
  ordinance or order under this subtitle may be taken by order or
  resolution of the corporation. (V.A.C.S. Art. 5190.14,
  Secs. 12(b), (e).)
         Sec. 475.0153.  DEPOSIT OF MUNICIPAL OR COUNTY TAX REVENUE
  TO TRUST FUND.  (a)  A local government corporation acting as an
  endorsing municipality or endorsing county under this subtitle
  shall remit for deposit into the trust fund established for the
  games or event the amounts determined by the office under this
  subtitle.
         (b)  The office shall determine the incremental increase in
  tax receipts attributable to the games or event and related
  activities under this subtitle based on the amount of taxes imposed
  by each municipality or county that comprises the corporation and
  not on the amount of taxes imposed by the corporation. (V.A.C.S.
  Art. 5190.14, Sec. 12(c).)
         Sec. 475.0154.  PLEDGE OF SURCHARGES TO GUARANTEE
  OBLIGATIONS. A local government corporation acting as an endorsing
  municipality or endorsing county under this subtitle may guarantee
  the corporation's obligations under a games support contract or
  event support contract by pledging surcharges from user fees,
  including parking or ticket fees, charged in connection with the
  games or event and related activities. (V.A.C.S. Art. 5190.14,
  Sec. 12(d).)
  SUBCHAPTER E. CRIMINAL PENALTIES
         Sec. 475.0201.  OFFENSE OF BRIBERY. (a)  In this section,
  "benefit" has the meaning assigned by Section 36.01, Penal Code.
         (b)  A person commits an offense if the person intentionally
  or knowingly offers, confers, or agrees to confer on another
  person, or solicits, accepts, or agrees to accept from another
  person, any benefit as consideration for the recipient's decision,
  opinion, recommendation, vote, or other exercise of discretion as a
  member or employee of a local organizing committee or site
  selection organization.
         (c)  It is a defense to prosecution under Subsection (b) that
  the benefit conferred is a meal or entertainment reported under
  Section 475.0103(a)(2)(B).
         (d)  It is not a defense to prosecution under Subsection (b)
  that a person whom the actor sought to influence was not qualified
  to act as the actor intended the person to act.
         (e)  It is not a defense to prosecution under Subsection (b)
  that the benefit is not offered or conferred or that the benefit is
  not solicited or accepted until after:
               (1)  the decision, opinion, recommendation, vote, or
  other exercise of discretion has occurred; or
               (2)  the person whom the actor sought to influence is no
  longer a member of the local organizing committee or a site
  selection organization.
         (f)  An offense under this section is a felony of the second degree. (V.A.C.S. Art. 5190.14, Sec. 11.)
 
  CHAPTER 476. PAN AMERICAN GAMES TRUST FUND
  SUBCHAPTER A. GENERAL PROVISIONS
  Sec. 476.0001.  DEFINITIONS 
  Sec. 476.0002.  ELIGIBILITY AS ENDORSING MUNICIPALITY 
  SUBCHAPTER B. STATE ACTIONS RELATING TO GAMES
  Sec. 476.0051.  DETERMINATION OF INCREMENTAL INCREASE
                   IN CERTAIN TAX RECEIPTS 
  Sec. 476.0052.  TIME FOR DETERMINATION 
  Sec. 476.0053.  DESIGNATION OF MARKET AREA 
  Sec. 476.0054.  ESTIMATE OF TAX REVENUE CREDITED TO
                   TRUST FUND 
  SUBCHAPTER C. TRUST FUND ESTABLISHMENT, CONTRIBUTION, AND
  LIMITATION
  Sec. 476.0101.  PAN AMERICAN GAMES TRUST FUND 
  Sec. 476.0102.  DEPOSIT OF MUNICIPAL TAX REVENUE 
  Sec. 476.0103.  STATE TAX REVENUE 
  Sec. 476.0104.  LIMITATION ON TRANSFERS AND DEPOSITS TO
                   TRUST FUND 
  SUBCHAPTER D. DISBURSEMENTS FROM TRUST FUND
  Sec. 476.0151.  DISBURSEMENT WITHOUT APPROPRIATION 
  Sec. 476.0152.  DISBURSEMENT FROM TRUST FUND 
  Sec. 476.0153.  ALLOWABLE EXPENSES 
  Sec. 476.0154.  TRANSFER AND REMITTANCE OF REMAINING
                   TRUST FUND MONEY 
  SUBCHAPTER E. LOCAL POWERS AND DUTIES RELATING TO GAMES
  Sec. 476.0201.  REQUIRED INFORMATION 
  Sec. 476.0202.  PLEDGE OF SURCHARGES TO GUARANTEE
                   OBLIGATIONS 
  SUBCHAPTER F.  LIMITATIONS ON JOINT LIABILITY
  Sec. 476.0251.  LIMITATION AMOUNTS 
  CHAPTER 476. PAN AMERICAN GAMES TRUST FUND
  SUBCHAPTER A. GENERAL PROVISIONS
         Sec. 476.0001.  DEFINITIONS. In this chapter:
               (1)  "Endorsing municipality" means a municipality
  that authorizes a bid by a local organizing committee for selection
  of the municipality as the site of the games.
               (2)  "Games" means the Pan American Games.
               (3)  "Site selection organization" means:
                     (A)  the Pan American Sports Organization; or
                     (B)  the United States Olympic Committee.
               (4)  "Trust fund" means the Pan American Games trust
  fund established by this chapter. (V.A.C.S. Art. 5190.14, Secs.
  4(a)(1) as amended Acts 78th Leg., R.S., Ch. 814, (2), (3) (part);
  New.)
         Sec. 476.0002.  ELIGIBILITY AS ENDORSING MUNICIPALITY. Only
  a municipality with a population of 850,000 or more is eligible as
  an endorsing municipality under this chapter. (V.A.C.S. Art.
  5190.14, Sec. 4(a)(3) (part).)
  SUBCHAPTER B. STATE ACTIONS RELATING TO GAMES
         Sec. 476.0051.  DETERMINATION OF INCREMENTAL INCREASE IN
  CERTAIN TAX RECEIPTS. (a) After a site selection organization
  selects a site for the games in this state in accordance with an
  application by a local organizing committee acting on behalf of an
  endorsing municipality, the office shall determine for each
  subsequent calendar quarter the incremental increases in the
  following tax receipts that the office determines are directly
  attributable to the preparation for and presentation of the games
  and related events:
               (1)  the receipts to this state from the taxes imposed
  under Chapters 151, 152, 156, and 183, Tax Code, and under Title 5,
  Alcoholic Beverage Code, in the market areas designated under
  Section 476.0053;
               (2)  the receipts collected by this state for the
  endorsing municipality from the sales and use tax imposed by the
  municipality under Section 321.101(a), Tax Code; and
               (3)  the receipts collected by the endorsing
  municipality from the municipality's hotel occupancy tax imposed
  under Chapter 351, Tax Code.
         (b)  The office shall make the determination required by
  Subsection (a) in accordance with procedures the office develops.
  (V.A.C.S. Art. 5190.14, Sec. 4(b) (part).)
         Sec. 476.0052.  TIME FOR DETERMINATION. The office shall
  determine the incremental increase in tax receipts under Section
  476.0051 after the first occurrence of a measurable economic impact
  in this state resulting from the preparation for the games, as
  determined by the office, but not later than one year before the
  scheduled opening event of the games. (V.A.C.S. Art. 5190.14, Sec.
  4(b) (part).)
         Sec. 476.0053.  DESIGNATION OF MARKET AREA. (a) For
  purposes of Section 476.0051(a)(1), the office shall designate as a
  market area for the games each area in which the office determines
  there is a reasonable likelihood of measurable economic impact
  directly attributable to the preparation for and presentation of
  the games and related events. The office shall include areas likely
  to provide venues, accommodations, and services in connection with
  the games based on the proposal the local organizing committee
  provides under Section 475.0052.
         (b)  The office shall determine the geographic boundaries of
  each market area.
         (c)  The endorsing municipality selected as the site for the
  games must be included in a market area for the games. (V.A.C.S.
  Art. 5190.14, Sec. 4(c).)
         Sec. 476.0054.  ESTIMATE OF TAX REVENUE CREDITED TO TRUST
  FUND. (a) Not later than September 1 of the year that is eight
  years before the year the games would be held in this state, the
  office shall provide an estimate of the total amount of municipal
  and state tax revenue that would be transferred or deposited to the
  trust fund before January 1 of the year following the year the games
  would be held if the games were held in this state at a site selected
  in accordance with an application by a local organizing committee.
         (b)  The office shall provide the estimate on request to a
  local organizing committee.
         (c)  A local organizing committee may submit the office's
  estimate to a site selection organization. (V.A.C.S. Art. 5190.14,
  Sec. 4(i).)
  SUBCHAPTER C. TRUST FUND ESTABLISHMENT, CONTRIBUTION, AND
  LIMITATION
         Sec. 476.0101.  PAN AMERICAN GAMES TRUST FUND. The Pan
  American Games trust fund is established outside the state
  treasury. The trust fund is held in trust by the comptroller for
  administration of this subtitle. (V.A.C.S. Art. 5190.14, Sec. 4(f)
  (part).)
         Sec. 476.0102.  DEPOSIT OF MUNICIPAL TAX REVENUE. (a)
  Subject to Section 476.0104, the endorsing municipality shall
  deposit to the trust fund the amount of the municipality's hotel
  occupancy tax revenue determined under Section 476.0051(a)(3). The
  endorsing municipality shall deposit the hotel occupancy tax
  revenue to the trust fund at least quarterly.
         (b)  To guarantee the joint obligations of this state and the
  endorsing municipality under a games support contract and this
  subtitle, the comptroller, at the direction of the office, shall
  retain the amount of municipal sales and use tax revenue determined
  under Section 476.0051(a)(2) from the amounts otherwise required to
  be sent to the municipality under Section 321.502, Tax Code, and,
  subject to Section 476.0104, deposit the retained tax revenue to
  the trust fund.
         (c)  The comptroller shall begin retaining the municipal
  sales and use tax revenue with the first distribution of that tax
  revenue that occurs after the date the office makes the
  determination under Section 476.0051(a)(2).
         (d)  The comptroller shall discontinue retaining the
  municipal sales and use tax revenue on the earlier of:
               (1)  the end of the third calendar month following the
  month in which the closing event of the games occurs; or
               (2)  the date the amount of municipal sales and use tax
  revenue and municipal hotel occupancy tax revenue in the trust fund
  equals 14 percent of the maximum amount of municipal and state tax
  revenue that may be transferred or deposited to the trust fund under
  Section 476.0104. (V.A.C.S. Art. 5190.14, Secs. 4(d), (f) (part).)
         Sec. 476.0103.  STATE TAX REVENUE. (a) At the time the
  endorsing municipality deposits to the trust fund its hotel
  occupancy tax revenue under Section 476.0102(a), the comptroller,
  at the direction of the office, shall transfer to the trust fund a
  portion of the state tax revenue determined under Section
  476.0051(a)(1) in an amount equal to 6.25 multiplied by the amount
  of that municipal hotel occupancy tax revenue.
         (b)  At the time the comptroller deposits to the trust fund
  the municipal sales and use tax revenue under Section 476.0102(b),
  the comptroller, at the direction of the office, shall transfer to
  the trust fund a portion of the state tax revenue determined under
  Section 476.0051(a)(1) in an amount equal to 6.25 multiplied by the
  amount of that municipal sales and use tax revenue.
         (c)  The comptroller shall discontinue transferring to the
  trust fund any state tax revenue determined under Section
  476.0051(a)(1) on the earlier of:
               (1)  the end of the third calendar month following the
  month in which the closing event of the games occurs; or
               (2)  the date the amount of state revenue in the trust
  fund equals 86 percent of the maximum amount of municipal and state
  tax revenue that may be transferred or deposited to the trust fund
  under Section 476.0104. (V.A.C.S. Art. 5190.14, Sec. 4(f) (part).)
         Sec. 476.0104.  LIMITATION ON TRANSFERS AND DEPOSITS TO
  TRUST FUND. The total amount of municipal and state tax revenue
  transferred or deposited to the trust fund may not exceed $20
  million. (V.A.C.S. Art. 5190.14, Sec. 4(m) (part).)
  SUBCHAPTER D. DISBURSEMENTS FROM TRUST FUND
         Sec. 476.0151.  DISBURSEMENT WITHOUT APPROPRIATION. Money
  in the trust fund may be spent by the office without appropriation
  only as provided by this subtitle. (V.A.C.S. Art. 5190.14, Sec.
  4(f) (part).)
         Sec. 476.0152.  DISBURSEMENT FROM TRUST FUND. (a) The
  office may make a disbursement from the trust fund only if the
  office certifies that the disbursement is for a purpose for which
  this state and the endorsing municipality are jointly obligated
  under a games support contract or another agreement providing
  assurances from the office or the municipality to a site selection
  organization.
         (b)  On a certification described by Subsection (a), the
  office shall satisfy the obligation:
               (1)  first, from municipal revenue deposited to the
  trust fund and any interest earned on that municipal revenue; and
               (2)  if the municipal revenue is insufficient to
  satisfy the entire deficit, from state revenue transferred to the
  trust fund and any interest earned on that state revenue in an
  amount sufficient to satisfy the portion of the deficit not covered
  by the municipal revenue.  (V.A.C.S. Art. 5190.14, Secs. 4(g)
  (part), (j), (k).)
         Sec. 476.0153.  ALLOWABLE EXPENSES. The office may use
  money in the trust fund only to fulfill joint obligations of this
  state and the endorsing municipality to a site selection
  organization under a games support contract or another agreement
  providing assurances from the office or municipality to a site
  selection organization.  (V.A.C.S. Art. 5190.14, Sec. 4(g).)
         Sec. 476.0154.  TRANSFER AND REMITTANCE OF REMAINING TRUST
  FUND MONEY. (a) On January 1 of the second year following the year
  in which the games are held in this state, the comptroller, at the
  direction of the office, shall transfer to the general revenue fund
  the amount of state revenue remaining in the trust fund plus any
  interest earned on that state revenue.
         (b)  The comptroller shall remit to the endorsing
  municipality any money remaining in the trust fund after the
  required amount is transferred under Subsection (a). (V.A.C.S.
  Art. 5190.14, Sec. 4(l).)
  SUBCHAPTER E. LOCAL POWERS AND DUTIES RELATING TO GAMES
         Sec. 476.0201.  REQUIRED INFORMATION. (a) A local
  organizing committee shall provide information required by the
  office to fulfill the office's duties under this subtitle,
  including:
               (1)  annual audited statements of any committee
  financial records required by a site selection organization; and
               (2)  data obtained by the committee relating to:
                     (A)  attendance at the games; and
                     (B)  the economic impact of the games.
         (b)  A local organizing committee must provide any annual
  audited financial statement required by the office not later than
  the end of the fourth month after the last day of the period covered
  by the financial statement.  (V.A.C.S. Art. 5190.14, Sec. 4(h).)
         Sec. 476.0202.  PLEDGE OF SURCHARGES TO GUARANTEE
  OBLIGATIONS. An endorsing municipality may guarantee its
  obligations under a games support contract and this subtitle by
  pledging, in addition to municipal sales and use tax revenue
  retained under Section 476.0102(b), surcharges from user fees
  charged in connection with presentation of the games, including
  parking or ticket fees. (V.A.C.S. Art. 5190.14, Sec. 4(e).)
  SUBCHAPTER F.  LIMITATIONS ON JOINT LIABILITY
         Sec. 476.0251.  LIMITATION AMOUNTS. The joint liability of
  this state and the endorsing municipality under a joinder agreement
  and any other games support contracts entered into under this
  subtitle may not exceed the lesser of:
               (1)  $20 million; or
               (2)  the total amount of revenue transferred or
  deposited to the trust fund and interest earned on the trust fund. (V.A.C.S. Art. 5190.14, Sec. 4(m) (part).)
 
  CHAPTER 477. OLYMPIC GAMES TRUST FUND
  SUBCHAPTER A. GENERAL PROVISIONS
  Sec. 477.0001.  DEFINITIONS 
  Sec. 477.0002.  ELIGIBILITY AS ENDORSING MUNICIPALITY 
  SUBCHAPTER B. STATE ACTIONS RELATING TO GAMES
  Sec. 477.0051.  DETERMINATION OF INCREMENTAL INCREASE
                   IN CERTAIN TAX RECEIPTS 
  Sec. 477.0052.  TIME FOR DETERMINATION 
  Sec. 477.0053.  DESIGNATION OF MARKET AREA 
  Sec. 477.0054.  ESTIMATE OF TAX REVENUE CREDITED TO
                   TRUST FUND 
  SUBCHAPTER C. TRUST FUND ESTABLISHMENT, CONTRIBUTION, AND
  LIMITATION
  Sec. 477.0101.  OLYMPIC GAMES TRUST FUND 
  Sec. 477.0102.  DEPOSIT OF MUNICIPAL AND COUNTY TAX
                   REVENUE 
  Sec. 477.0103.  STATE TAX REVENUE 
  Sec. 477.0104.  LIMITATION ON TRANSFERS AND DEPOSITS TO
                   TRUST FUND 
  SUBCHAPTER D. DISBURSEMENTS FROM TRUST FUND
  Sec. 477.0151.  DISBURSEMENT WITHOUT APPROPRIATION 
  Sec. 477.0152.  DISBURSEMENT FROM TRUST FUND 
  Sec. 477.0153.  ALLOWABLE EXPENSES 
  Sec. 477.0154.  PROHIBITED DISBURSEMENT 
  Sec. 477.0155.  TRANSFER AND REMITTANCE OF REMAINING
                   TRUST FUND MONEY 
  SUBCHAPTER E. LOCAL POWERS AND DUTIES RELATING TO GAMES
  Sec. 477.0201.  REQUIRED INFORMATION 
  Sec. 477.0202.  PLEDGE OF SURCHARGES TO GUARANTEE
                   OBLIGATIONS 
  Sec. 477.0203.  MUNICIPAL OR COUNTY ELECTION 
  SUBCHAPTER F. LIMITATIONS ON JOINT LIABILITY
  Sec. 477.0251.  LIMITATION AMOUNTS 
  CHAPTER 477. OLYMPIC GAMES TRUST FUND
  SUBCHAPTER A. GENERAL PROVISIONS
         Sec. 477.0001.  DEFINITIONS. In this chapter:
               (1)  "Endorsing county" means a county that:
                     (A)  contains all or part of a municipality
  described by Section 477.0002; or
                     (B)  is adjacent to a county described by
  Paragraph (A).
               (2)  "Endorsing municipality" means a municipality
  that authorizes a bid by a local organizing committee for selection
  of the municipality as the site of the games.
               (3)  "Games" means the Olympic Games.
               (4)  "Site selection organization" means:
                     (A)  the International Olympic Committee; or
                     (B)  the United States Olympic Committee.
               (5)  "Trust fund" means the Olympic Games trust fund
  established by this chapter.  (V.A.C.S. Art. 5190.14, Secs. 4(a)(3)
  (part), 5(a)(1), (2), (3) (part), (4); New.)
         Sec. 477.0002.  ELIGIBILITY AS ENDORSING MUNICIPALITY. Only
  a municipality with a population of 850,000 or more is eligible as
  an endorsing municipality under this chapter. (V.A.C.S. Art.
  5190.14, Secs. 4(a)(3) (part), 5(a)(3) (part).)
  SUBCHAPTER B. STATE ACTIONS RELATING TO GAMES
         Sec. 477.0051.  DETERMINATION OF INCREMENTAL INCREASE IN
  CERTAIN TAX RECEIPTS. (a) After a site selection organization
  selects a site for the games in this state in accordance with an
  application by a local organizing committee, the office shall
  determine for each subsequent calendar quarter the incremental
  increases in the following tax receipts that the office determines
  are directly attributable to the preparation for and presentation
  of the games and related events:
               (1)  the receipts to this state from the taxes imposed
  under Chapters 151, 152, 156, and 183, Tax Code, and under Title 5,
  Alcoholic Beverage Code, in the market areas designated under
  Section 477.0053;
               (2)  the receipts collected by this state for each
  endorsing municipality from the sales and use tax imposed by the
  municipality under Section 321.101(a), Tax Code, and the mixed
  beverage tax revenue to be received by the municipality under
  Section 183.051(b), Tax Code;
               (3)  the receipts collected by this state for each
  endorsing county from the sales and use tax imposed by the county
  under Section 323.101(a), Tax Code, and the mixed beverage tax
  revenue received by the county under Section 183.051(b), Tax Code;
               (4)  the receipts collected by each endorsing
  municipality from the hotel occupancy tax imposed under Chapter
  351, Tax Code; and
               (5)  the receipts collected by each endorsing county
  from the hotel occupancy tax imposed under Chapter 352, Tax Code.
         (b)  The office shall make the determination required by
  Subsection (a) in accordance with procedures the office develops.
  (V.A.C.S. Art. 5190.14, Sec. 5(b) (part).)
         Sec. 477.0052.  TIME FOR DETERMINATION. The office shall
  determine the incremental increase in tax receipts under Section
  477.0051 after the first occurrence of a measurable economic impact
  in this state resulting from the preparation for the games, as
  determined by the office, but not later than one year before the
  scheduled opening event of the games.  (V.A.C.S. Art. 5190.14, Sec.
  5(b) (part).)
         Sec. 477.0053.  DESIGNATION OF MARKET AREA. (a) For
  purposes of Section 477.0051(a)(1), the office shall designate as a
  market area for the games each area in which the office determines
  there is a reasonable likelihood of measurable economic impact
  directly attributable to the preparation for and presentation of
  the games and related events. The office shall include areas likely
  to provide venues, accommodations, and services in connection with
  the games based on the proposal the local organizing committee
  provides under Section 475.0052.
         (b)  The office shall determine the geographic boundaries of
  each market area.
         (c)  Each endorsing municipality or endorsing county
  selected as the site for the games must be included in a market area
  for the games. (V.A.C.S. Art. 5190.14, Sec. 5(c).)
         Sec. 477.0054.  ESTIMATE OF TAX REVENUE CREDITED TO TRUST
  FUND. (a) Before August 31 of the year that is 12 years before the
  year the games would be held in this state, or as soon as
  practicable after that date, the office shall provide an estimate
  of the total amount of municipal, county, and state tax revenue that
  would be transferred or deposited to the trust fund if the games
  were held in this state at a site selected in accordance with an
  application by a local organizing committee.
         (b)  The office shall provide the estimate on request to a
  local organizing committee.
         (c)  A local organizing committee may submit the office's
  estimate to a site selection organization.  (V.A.C.S. Art. 5190.14,
  Sec. 5(i).)
  SUBCHAPTER C. TRUST FUND ESTABLISHMENT, CONTRIBUTION, AND
  LIMITATION
         Sec. 477.0101.  OLYMPIC GAMES TRUST FUND. The Olympic Games
  trust fund is established outside the treasury. The trust fund is
  held in trust by the comptroller for the administration of this
  subtitle.  (V.A.C.S. Art. 5190.14, Sec. 5(f) (part).)
         Sec. 477.0102.  DEPOSIT OF MUNICIPAL AND COUNTY TAX REVENUE.
  (a) Subject to Section 477.0104, each endorsing municipality or
  endorsing county shall remit to the comptroller and the
  comptroller, at the direction of the office, quarterly shall
  deposit to the trust fund the amount of the municipality's or
  county's hotel occupancy tax revenue determined under Section
  477.0051(a)(4) or (5), as applicable.
         (b)  To guarantee the joint obligations of this state and an
  endorsing municipality or endorsing county under a games support
  contract and this subtitle, subject to Section 477.0203, the
  comptroller, at the direction of the office, shall retain the
  amount of sales and use tax revenue and mixed beverage tax revenue
  determined under Section 477.0051(a)(2) or (3) from the amounts
  otherwise required to be sent to the municipality under Section
  183.051(b) or 321.502, Tax Code, or to the county under Section
  183.051(b) or 323.502, Tax Code. Subject to Sections 477.0104 and
  477.0203, the comptroller, at the direction of the office, shall
  deposit the retained tax revenue to the trust fund for the same
  calendar quarter as under Subsection (a).
         (c)  The comptroller shall begin retaining municipal and
  county sales and use tax revenue and mixed beverage tax revenue with
  the first distribution of that tax revenue that occurs after the
  date the office makes the determination under Section
  477.0051(a)(2) or (3).
         (d)  The comptroller shall discontinue retaining municipal
  and county sales and use tax revenue and mixed beverage tax revenue
  on the earlier of:
               (1)  the end of the third calendar month following the
  month in which the closing event of the games occurs; or
               (2)  the date the amount of municipal and county sales
  and use tax revenue and mixed beverage tax revenue in the trust fund
  equals 14 percent of the maximum amount of municipal, county, and
  state tax revenue that may be transferred or deposited to the trust
  fund under Section 477.0104. (V.A.C.S. Art. 5190.14, Secs. 5(d),
  (f) (part).)
         Sec. 477.0103.  STATE TAX REVENUE. (a) At the time the
  comptroller deposits to the trust fund the municipal and county tax
  revenue under Section 477.0102(b), the comptroller shall transfer
  to the trust fund the state tax revenue determined under Section
  477.0051(a)(1) for the quarter.
         (b)  The comptroller shall discontinue transferring the
  amount of state tax revenue determined under Section 477.0051(a)(1)
  on the earlier of:
               (1)  the end of the third calendar month following the
  month in which the closing event of the games occurs; or
               (2)  the date the amount of state revenue in the trust
  fund equals 86 percent of the maximum amount of municipal, county,
  and state tax revenue that may be transferred or deposited to the
  trust fund under Section 477.0104. (V.A.C.S. Art. 5190.14, Sec.
  5(f) (part).)
         Sec. 477.0104.  LIMITATION ON TRANSFERS AND DEPOSITS TO
  TRUST FUND. The total amount of municipal, county, and state tax
  revenue transferred or deposited to the trust fund may not exceed
  $100 million. (V.A.C.S. Art. 5190.14, Sec. 5(m) (part).)
  SUBCHAPTER D. DISBURSEMENTS FROM TRUST FUND
         Sec. 477.0151.  DISBURSEMENT WITHOUT APPROPRIATION. Money
  in the trust fund may be spent by the office without appropriation
  only as provided by this subtitle. (V.A.C.S. Art. 5190.14, Sec.
  5(f) (part).)
         Sec. 477.0152.  DISBURSEMENT FROM TRUST FUND. (a) The
  office may make a disbursement from the trust fund only if the
  office certifies that the disbursement is for a purpose for which
  this state and each endorsing municipality and endorsing county are
  jointly obligated under a games support contract or another
  agreement providing assurances from the office or an endorsing
  municipality or endorsing county to a site selection organization.
         (b)  On a certification described by Subsection (a), the
  office shall satisfy the obligation proportionately from the state
  and municipal or county revenue in the trust fund. (V.A.C.S. Art.
  5190.14, Secs. 5(j) (part), (k).)
         Sec. 477.0153.  ALLOWABLE EXPENSES. The office may use
  money in the trust fund only to fulfill joint obligations of this
  state and each endorsing municipality and endorsing county to a
  site selection organization under a games support contract or
  another agreement providing assurances from the office or the
  municipality or county to a site selection organization. (V.A.C.S.
  Art. 5190.14, Sec. 5(g).)
         Sec. 477.0154.  PROHIBITED DISBURSEMENT. The office may not
  make a disbursement from the trust fund that the office determines
  would be used to solicit the relocation of a professional sports
  franchise located in this state. (V.A.C.S. Art. 5190.14, Sec. 5(j)
  (part).)
         Sec. 477.0155.  TRANSFER AND REMITTANCE OF REMAINING TRUST
  FUND MONEY. (a) Two years after the closing event of the games, the
  office shall transfer to the general revenue fund the amount of
  state revenue remaining in the trust fund plus any interest earned
  on that state revenue.
         (b)  The office shall remit to each endorsing entity in
  proportion to the amount contributed by the entity any money
  remaining in the trust fund after the required amount is
  transferred under Subsection (a). (V.A.C.S. Art. 5190.14, Sec.
  5(l).)
  SUBCHAPTER E. LOCAL POWERS AND DUTIES RELATING TO GAMES
         Sec. 477.0201.  REQUIRED INFORMATION. (a) A local
  organizing committee shall provide information required by the
  office to fulfill the office's duties under this subtitle,
  including:
               (1)  annual audited statements of any committee
  financial records required by a site selection organization; and
               (2)  data obtained by the committee relating to:
                     (A)  attendance at the games; and
                     (B)  the economic impact of the games.
         (b)  A local organizing committee must provide any annual
  audited financial statement required by the office not later than
  the end of the fourth month after the last day of the period covered
  by the financial statement. (V.A.C.S. Art. 5190.14, Sec. 5(h).)
         Sec. 477.0202.  PLEDGE OF SURCHARGES TO GUARANTEE
  OBLIGATIONS.  An endorsing municipality or endorsing county may
  guarantee its obligations under a games support contract and this
  subtitle by pledging, in addition to sales and use tax revenue,
  mixed beverage tax revenue, and hotel occupancy tax revenue
  retained under Section 477.0102, surcharges from user fees charged
  in connection with the presentation of the games, including parking
  or ticket fees. (V.A.C.S. Art. 5190.14, Sec. 5(e).)
         Sec. 477.0203.  MUNICIPAL OR COUNTY ELECTION. (a) An
  endorsing municipality or endorsing county must hold an election in
  the municipality or county to determine whether the municipality or
  county may contribute a portion of its sales and use taxes to the
  trust fund under this chapter. The election must be held on a
  uniform election date before the date a site selection organization
  requires the endorsing municipality or endorsing county and the
  state to enter into a joinder undertaking relating to the
  applicable games.
         (b)  If an endorsing municipality or endorsing county is
  required to hold an election under this section and the
  contribution of a portion of the municipality's or county's sales
  and use taxes to the trust fund under this chapter is not approved
  by a majority of the voters voting in the election:
               (1)  the comptroller may not establish the trust fund
  under this chapter, may not retain the municipality's or county's
  tax revenue under Section 477.0102 from amounts otherwise required
  to be sent to that municipality or county, and may not transfer any
  state tax revenue into the trust fund;
               (2)  the office is not required to determine the
  incremental increase in municipal, county, or state tax revenue
  under Section 477.0051; and
               (3)  the office may not enter into a games support
  contract relating to the games for which the municipality or county
  has authorized a bid on its behalf.
         (c)  Notwithstanding any other provisions of this subtitle,
  an endorsing municipality or endorsing county is not required to
  hold an election to contribute its mixed beverage tax revenue or its
  hotel occupancy tax revenue to the trust fund under this chapter.
  (V.A.C.S. Art. 5190.14, Sec. 6.)
  SUBCHAPTER F. LIMITATIONS ON JOINT LIABILITY
         Sec. 477.0251.  LIMITATION AMOUNTS. The joint liability of
  this state and an endorsing municipality or endorsing county under
  a joinder agreement and any other games support contracts entered
  into under this subtitle may not exceed the lesser of:
               (1)  $100 million; or
               (2)  the total amount of revenue transferred or
  deposited to the trust fund and interest earned on the trust fund. (V.A.C.S. Art. 5190.14, Sec. 5(m) (part).)
 
  CHAPTER 478. MAJOR EVENTS REIMBURSEMENT PROGRAM
  SUBCHAPTER A. GENERAL PROVISIONS
  Sec. 478.0001.  DEFINITIONS 
  Sec. 478.0002.  RULES 
  Sec. 478.0003.  CONSTRUCTION OF CHAPTER 
  SUBCHAPTER B. ELIGIBILITY
  Sec. 478.0051.  EVENTS ELIGIBLE FOR FUNDING 
  Sec. 478.0052.  SINGLE EVENT CLASSIFICATION FOR
                   ELIGIBILITY PURPOSES 
  Sec. 478.0053.  EXEMPTION FROM CERTAIN ELIGIBILITY
                   REQUIREMENT FOR CERTAIN LARGE VENUES 
  SUBCHAPTER C. STATE ACTIONS RELATING TO EVENTS
  Sec. 478.0101.  PREREQUISITES FOR OFFICE ACTION 
  Sec. 478.0102.  DETERMINATION OF INCREMENTAL INCREASE
                   IN CERTAIN TAX RECEIPTS 
  Sec. 478.0103.  TIME FOR DETERMINATION REQUEST 
  Sec. 478.0104.  TIME FOR DETERMINATION 
  Sec. 478.0105.  DESIGNATION OF MARKET AREA 
  Sec. 478.0106.  ESTIMATE OF TAX REVENUE CREDITED TO
                   FUND 
  Sec. 478.0107.  ECONOMIC IMPACT STUDY 
  Sec. 478.0108.  DISTRIBUTION AND PUBLICATION OF PLAN TO
                   PREVENT TRAFFICKING OF PERSONS IN
                   CONNECTION WITH EVENT 
  SUBCHAPTER D. FUND ESTABLISHMENT AND CONTRIBUTIONS
  Sec. 478.0151.  MAJOR EVENTS REIMBURSEMENT PROGRAM FUND 
  Sec. 478.0152.  DEPOSIT OF MUNICIPAL AND COUNTY TAX
                   REVENUE 
  Sec. 478.0153.  OTHER LOCAL MONEY 
  Sec. 478.0154.  SURCHARGES AND USER FEES 
  Sec. 478.0155.  STATE TAX REVENUE 
  SUBCHAPTER E. DISBURSEMENTS FROM FUND
  Sec. 478.0201.  DISBURSEMENT WITHOUT APPROPRIATION 
  Sec. 478.0202.  DISBURSEMENT FROM FUND 
  Sec. 478.0203.  REDUCTION OF DISBURSEMENT AMOUNT 
  Sec. 478.0204.  ALLOWABLE EXPENSES 
  Sec. 478.0205.  LIMITATION ON CERTAIN DISBURSEMENTS 
  Sec. 478.0206.  PROHIBITED DISBURSEMENT 
  Sec. 478.0207.  REMITTANCE OF REMAINING FUND MONEY 
  SUBCHAPTER F. LOCAL POWERS AND DUTIES RELATING TO EVENTS
  Sec. 478.0251.  REQUIRED INFORMATION 
  Sec. 478.0252.  ISSUANCE OF NOTES 
  Sec. 478.0253.  PLEDGE OF SURCHARGES TO GUARANTEE
                   OBLIGATIONS 
  CHAPTER 478. MAJOR EVENTS REIMBURSEMENT PROGRAM
  SUBCHAPTER A. GENERAL PROVISIONS
         Sec. 478.0001.  DEFINITIONS. In this chapter:
               (1)  "Endorsing county" means:
                     (A)  a county that contains a site selected by a
  site selection organization for an event; or
                     (B)  a county that:
                           (i)  does not contain a site selected by a
  site selection organization for an event;
                           (ii)  is included in the market area for the
  event as designated by the office; and
                           (iii)  is a party to an event support
  contract.
               (2)  "Endorsing municipality" means:
                     (A)  a municipality that contains a site selected
  by a site selection organization for an event; or
                     (B)  a municipality that:
                           (i)  does not contain a site selected by a
  site selection organization for an event;
                           (ii)  is included in the market area for the
  event as designated by the office; and
                           (iii)  is a party to an event support
  contract.
               (3)  "Event" means any of the following and includes
  any activity related to or associated with the following:
                     (A)  the Academy of Country Music Awards;
                     (B)  the Amateur Athletic Union Junior Olympic
  Games;
                     (C)  the Breeders' Cup World Championships;
                     (D)  a game of the College Football Playoff or its
  successor;
                     (E)  an Elite Rodeo Association World
  Championship;
                     (F)  a Formula One automobile race;
                     (G)  the largest event held each year at a sports
  entertainment venue in this state with a permanent seating
  capacity, including grandstand and premium seating, of at least
  125,000;
                     (H)  the Major League Baseball All-Star Game;
                     (I)  the Major League Soccer All-Star Game or the
  Major League Soccer Cup;
                     (J)  a mixed martial arts championship;
                     (K)  the Moto Grand Prix of the United States;
                     (L)  the National Association for Stock Car Auto
  Racing (NASCAR):
                           (i)  All-Star Race; or
                           (ii)  season-ending Championship Race;
                     (M)  the National Basketball Association All-Star
  Game;
                     (N)  a National Collegiate Athletic Association
  Final Four tournament game;
                     (O)  the National Collegiate Athletic Association
  men's or women's lacrosse championships;
                     (P)  a national collegiate championship of an
  amateur sport sanctioned by the national governing body of the
  sport that is recognized by the United States Olympic Committee;
                     (Q)  the National Cutting Horse Association
  Triple Crown;
                     (R)  the National Hockey League All-Star Game;
                     (S)  a national political convention of the
  Republican National Committee or the Democratic National
  Committee;
                     (T)  an Olympic activity, including a Junior or
  Senior activity, training program, or feeder program sanctioned by
  the United States Olympic Committee's Community Olympic
  Development Program;
                     (U)  a presidential general election debate;
                     (V)  the Professional Rodeo Cowboys Association
  National Finals Rodeo;
                     (W)  a Super Bowl;
                     (X)  the United States Open Championship;
                     (Y)  a World Cup soccer game or the World Cup
  soccer tournament;
                     (Z)  the World Games; or
                     (AA)  the X Games.
               (4)  "Event support contract" means a joinder
  undertaking, joinder agreement, or similar contract executed by a
  site selection organization and a local organizing committee, an
  endorsing municipality, or an endorsing county.
               (5)  "Fund" means the major events reimbursement
  program fund.
               (6)  "Program" means the major events reimbursement
  program.
               (7)  "Site selection organization" means:
                     (A)  the Academy of Country Music;
                     (B)  the Amateur Athletic Union;
                     (C)  the College Football Playoff Administration,
  LLC, or its successor;
                     (D)  the Commission on Presidential Debates;
                     (E)  the Democratic National Committee;
                     (F)  Dorna Sports;
                     (G)  the Elite Rodeo Association;
                     (H)  ESPN or an affiliate;
                     (I)  the Federation Internationale de Football
  Association (FIFA);
                     (J)  the International World Games Association;
                     (K)  Major League Baseball;
                     (L)  Major League Soccer;
                     (M)  the National Association for Stock Car Auto
  Racing (NASCAR);
                     (N)  the National Basketball Association;
                     (O)  the National Collegiate Athletic
  Association;
                     (P)  the National Cutting Horse Association;
                     (Q)  the National Football League;
                     (R)  the National Hockey League;
                     (S)  the Professional Rodeo Cowboys Association;
                     (T)  the Republican National Committee;
                     (U)  the Ultimate Fighting Championship;
                     (V)  the United States Golf Association;
                     (W)  the United States Olympic Committee; or
                     (X)  the national governing body of a sport that
  is recognized by:
                           (i)  the Federation Internationale de
  l'Automobile;
                           (ii)  Formula One Management Limited;
                           (iii)  the National Thoroughbred Racing
  Association; or
                           (iv)  the United States Olympic Committee.
  (V.A.C.S. Art. 5190.14, Sec. 5A(a); New.)
         Sec. 478.0002.  RULES. The office may adopt rules necessary
  to implement this chapter. (V.A.C.S. Art. 5190.14, Sec. 5A(v).)
         Sec. 478.0003.  CONSTRUCTION OF CHAPTER. This chapter may
  not be construed as creating or requiring a state guarantee of an
  obligation imposed on an endorsing municipality, an endorsing
  county, or this state under an event support contract or another
  agreement relating to hosting an event in this state. (V.A.C.S.
  Art. 5190.14, Sec. 5A(o).)
  SUBCHAPTER B. ELIGIBILITY
         Sec. 478.0051.  EVENTS ELIGIBLE FOR FUNDING. (a) Only an
  event listed in Section 478.0001(3) is eligible for funding under
  this chapter.
         (b)  A listed event may receive funding through the program
  only if:
               (1)  a site selection organization, after considering
  through a highly competitive selection process one or more sites
  not in this state, selects a site in this state for the event to be
  held:
                     (A)  one time; or
                     (B)  if the event is scheduled under an event
  contract or event support contract to be held each year for a period
  of years, one time in each year;
               (2)  a site selection organization selects a site in
  this state as:
                     (A)  the sole site for the event; or
                     (B)  the sole site for the event in a region
  composed of this state and one or more adjoining states;
               (3)  the event is held not more than one time in any
  year;
               (4)  the incremental increase in tax receipts
  determined under Section 478.0102 is at least $1 million; and
               (5)  not later than the 30th day before the first day of
  the event, a site selection organization submits a plan to prevent
  the trafficking of persons in connection with the event to:
                     (A)  the office of the attorney general; and
                     (B)  the chief of the Texas Division of Emergency
  Management. (V.A.C.S. Art. 5190.14, Sec. 5A(a-1) (part).)
         Sec. 478.0052.  SINGLE EVENT CLASSIFICATION FOR ELIGIBILITY
  PURPOSES. For purposes of Section 478.0051, each presidential
  general election debate in a series of presidential debates before
  a general election is considered a separate, single event.  
  (V.A.C.S. Art. 5190.14, Sec. 5A(a-3).)
         Sec. 478.0053.  EXEMPTION FROM CERTAIN ELIGIBILITY
  REQUIREMENT FOR CERTAIN LARGE VENUES. Section 478.0051(b)(1) does
  not apply to an event described by Section 478.0001(3)(G). If an
  endorsing municipality or endorsing county requests the office to
  make a determination under Section 478.0102 for an event described
  by Section 478.0001(3)(G), the remaining provisions of this chapter
  apply to that event as if the event satisfied the eligibility
  requirements under Section 478.0051(b)(1). (V.A.C.S. Art.
  5190.14, Sec. 5A(a-2).)
  SUBCHAPTER C. STATE ACTIONS RELATING TO EVENTS
         Sec. 478.0101.  PREREQUISITES FOR OFFICE ACTION. The office
  may not undertake any duty imposed by this chapter unless:
               (1)  the municipality or county in which an event will
  be located submits a request;
               (2)  the event meets the requirements for funding under
  Section 478.0051 and all other funding requirements under this
  chapter; and
               (3)  the request is accompanied by documentation from a
  site selection organization selecting the site for the event.  
  (V.A.C.S. Art. 5190.14, Sec. 5A(p).)
         Sec. 478.0102.  DETERMINATION OF INCREMENTAL INCREASE IN
  CERTAIN TAX RECEIPTS. (a) After a site selection organization
  selects a site for an event in this state in accordance with an
  application by a local organizing committee, endorsing
  municipality, or endorsing county and on request of a local
  organizing committee, endorsing municipality, or endorsing county,
  the office shall determine the incremental increases in the
  following tax receipts that the office determines are directly
  attributable to the preparation for and presentation of the event
  for a one-year period that begins two months before the date on
  which the event will begin:
               (1)  the receipts to this state from taxes imposed
  under Chapters 151, 152, 156, and 183, Tax Code, and under Title 5,
  Alcoholic Beverage Code, in the market areas designated under
  Section 478.0105;
               (2)  the receipts collected by this state for each
  endorsing municipality in the market area from the sales and use tax
  imposed by each endorsing municipality under Section 321.101(a),
  Tax Code, and the mixed beverage tax revenue to be received by each
  endorsing municipality under Section 183.051(b), Tax Code;
               (3)  the receipts collected by this state for each
  endorsing county in the market area from the sales and use tax
  imposed by each endorsing county under Section 323.101(a), Tax
  Code, and the mixed beverage tax revenue to be received by each
  endorsing county under Section 183.051(b), Tax Code;
               (4)  the receipts collected by each endorsing
  municipality in the market area from the hotel occupancy tax
  imposed under Chapter 351, Tax Code; and
               (5)  the receipts collected by each endorsing county in
  the market area from the hotel occupancy tax imposed under Chapter
  352, Tax Code.
         (b)  The office shall make the determination required by
  Subsection (a) in accordance with procedures the office develops
  and shall base that determination on information submitted by a
  local organizing committee, endorsing municipality, or endorsing
  county.
         (c)  For an event scheduled to be held each year for a period
  of years under an event contract or event support contract, the
  office shall calculate the incremental increase in the tax receipts
  specified by Subsection (a) as if the event did not occur in the
  prior year for purposes of Section 478.0051(b)(4).  (V.A.C.S. Art.
  5190.14, Secs. 5A(a-1) (part), (b), (b-1) (part).)
         Sec. 478.0103.  TIME FOR DETERMINATION REQUEST. A request
  for a determination of the incremental increase in tax receipts
  under Section 478.0102 must be submitted to the office not earlier
  than one year and not later than the 45th day before the beginning
  date of the event.  (V.A.C.S. Art. 5190.14, Sec. 5A(b-1) (part).)
         Sec. 478.0104.  TIME FOR DETERMINATION. The office shall
  determine the incremental increase in tax receipts under Section
  478.0102 not later than the 30th day after the date the office
  receives the request for that determination and related
  information. (V.A.C.S. Art. 5190.14, Sec. 5A(b-1) (part).)
         Sec. 478.0105.  DESIGNATION OF MARKET AREA. (a) For
  purposes of Section 478.0102(a)(1), the office shall designate as a
  market area for an event each area in which the office determines
  there is a reasonable likelihood of measurable economic impact
  directly attributable to the preparation for and presentation of
  the event.  The office shall include areas likely to provide venues,
  accommodations, and services in connection with the event based on
  the proposal the local organizing committee provides to the office.
         (b)  The office shall determine the geographic boundaries of
  each market area.
         (c)  An endorsing municipality or endorsing county selected
  as the site for an event must be included in a market area for the
  event. (V.A.C.S. Art. 5190.14, Sec. 5A(c).)
         Sec. 478.0106.  ESTIMATE OF TAX REVENUE CREDITED TO FUND.
  (a)  Not later than the 30th day after the date a local organizing
  committee, endorsing municipality, or endorsing county submits a
  request for a determination of the incremental increase in tax
  receipts under Section 478.0102, the office shall provide an
  estimate of the total amount of tax revenue that would be deposited
  to the fund under this chapter in connection with that event if the
  event were held in this state at a site selected in accordance with
  an application by a local organizing committee, endorsing
  municipality, or endorsing county.
         (b)  A local organizing committee, endorsing municipality,
  or endorsing county may submit the office's estimate to a site
  selection organization. (V.A.C.S. Art. 5190.14, Sec. 5A(j).)
         Sec. 478.0107.  ECONOMIC IMPACT STUDY. (a)  Not later than
  the 10th month after the last day of an event eligible for
  disbursements from the fund, using existing resources, the office
  shall complete a study in the market area of the event on the
  measurable economic impact directly attributable to the
  preparation for and presentation of the event.
         (b)  The office shall post on the office's Internet website:
               (1)  the results of the study conducted under
  Subsection (a), including any source documentation or other
  information on which the office relied for the study;
               (2)  the incremental increase in tax receipts for the
  event determined under Section 478.0102 and any source
  documentation or information described by Section 478.0251 on which
  the office relied to determine that increase;
               (3)  the documentation described by Section
  478.0101(3); and
               (4)  documentation verifying that:
                     (A)  a request submitted under Section 478.0101 is
  complete and certified as complete by the office;
                     (B)  the office considered the information
  submitted by a local organizing committee, endorsing municipality,
  or endorsing county to determine the incremental increase in tax
  receipts under Section 478.0102 as required by Section 478.0102(b);
  and
                     (C)  each deadline established under this chapter
  was met. (V.A.C.S. Art. 5190.14, Sec. 5A(w).)
         Sec. 478.0108.  DISTRIBUTION AND PUBLICATION OF PLAN TO
  PREVENT TRAFFICKING OF PERSONS IN CONNECTION WITH EVENT. The
  office of the attorney general may:
               (1)  distribute the plan required by Section
  478.0051(b)(5) to appropriate law enforcement agencies and the
  office of the governor; and
               (2)  publish the plan on the Internet website of the
  office of the attorney general. (V.A.C.S. Art. 5190.14, Sec.
  5A(a-4).)
  SUBCHAPTER D. FUND ESTABLISHMENT AND CONTRIBUTIONS
         Sec. 478.0151.  MAJOR EVENTS REIMBURSEMENT PROGRAM FUND.
  The major events reimbursement program fund is established outside
  the state treasury and is held in trust by the comptroller for
  administration of this subtitle. (V.A.C.S. Art. 5190.14, Sec. 5A(d)
  (part).)
         Sec. 478.0152.  DEPOSIT OF MUNICIPAL AND COUNTY TAX REVENUE.
  (a) Each endorsing municipality or endorsing county participating
  in the program shall remit to the comptroller and the comptroller
  shall deposit into a trust fund created by the comptroller, at the
  direction of the office, and designated as the major events
  reimbursement program fund the amount of the municipality's or
  county's hotel occupancy tax revenue determined under Section
  478.0102(a)(4) or (5), less any amount of the revenue that the
  municipality or county determines is necessary to meet the
  obligations of the municipality or county.
         (b)  The comptroller, at the direction of the office, shall
  retain the amount of sales and use tax revenue and mixed beverage
  tax revenue determined under Section 478.0102(a)(2) or (3) from the
  amounts otherwise required to be sent to the municipality under
  Sections 321.502 and 183.051(b), Tax Code, or to the county under
  Sections 323.502 and 183.051(b), Tax Code, less any amount of the
  revenue that the municipality or county determines is necessary to
  meet the obligations of the municipality or county, and shall
  deposit the retained tax revenue to the fund.
         (c)  The comptroller shall begin retaining and depositing
  the municipal and county tax revenue:
               (1)  with the first distribution of that tax revenue
  that occurs after the first day of the one-year period described by
  Section 478.0102(a); or
               (2)  at a time the office otherwise determines to be
  practicable.
         (d)  The comptroller shall discontinue retaining the
  municipal and county tax revenue when the amount of the applicable
  tax revenue determined under Section 478.0102(a)(2) or (3) has been
  retained. (V.A.C.S. Art. 5190.14, Sec. 5A(d) (part).)
         Sec. 478.0153.  OTHER LOCAL MONEY. (a) In lieu of the
  municipal and county tax revenues remitted or retained under
  Section 478.0152, an endorsing municipality or endorsing county may
  remit to the office for deposit to the fund other local money in an
  amount equal to the total amount of municipal and county tax revenue
  determined under Sections 478.0102(a)(2)-(5).
         (b)  An endorsing municipality or endorsing county must
  remit the other local money not later than the 90th day after the
  last day of an event eligible for funding under the program.
         (c)  For purposes of Section 478.0155, the amount deposited
  under this section is considered remitted local revenue. (V.A.C.S.
  Art. 5190.14, Sec. 5A(d-1).)
         Sec. 478.0154.  SURCHARGES AND USER FEES. An endorsing
  municipality or endorsing county may collect and remit to the
  office surcharges and user fees attributable to an event for
  deposit to the fund.  (V.A.C.S. Art. 5190.14, Sec. 5A(e) (part).)
         Sec. 478.0155.  STATE TAX REVENUE. (a) The comptroller, at
  the direction of the office, shall transfer to the fund a portion of
  the state tax revenue in an amount equal to the prevailing state
  sales tax rate multiplied by the amount of the local revenue
  retained or remitted under this chapter, including:
               (1)  local sales and use tax revenue;
               (2)  mixed beverage tax revenue;
               (3)  hotel occupancy tax revenue; and
               (4)  surcharge and user fee revenue.
         (b)  The amount transferred under Subsection (a) may not
  exceed the incremental increase in tax receipts determined under
  Section 478.0102(a)(1). (V.A.C.S. Art. 5190.14, Sec. 5A(f).)
  SUBCHAPTER E. DISBURSEMENTS FROM FUND
         Sec. 478.0201.  DISBURSEMENT WITHOUT APPROPRIATION. Money
  in the fund may be disbursed by the office without appropriation
  only as provided by this chapter.  (V.A.C.S. Art. 5190.14, Sec.
  5A(d) (part).)
         Sec. 478.0202.  DISBURSEMENT FROM FUND. (a)  After approval
  of each contributing endorsing municipality and endorsing county,
  the office may make a disbursement from the fund for a purpose for
  which a local organizing committee, an endorsing municipality, an
  endorsing county, or this state is obligated under a games support
  contract or event support contract.
         (b)  In considering whether to make a disbursement from the
  fund, the office may not consider a contingency clause in an event
  support contract as relieving a local organizing committee's,
  endorsing municipality's, or endorsing county's obligation to pay a
  cost under the contract.
         (c)  If the office makes a disbursement from the fund, the
  office shall satisfy the obligation proportionately from the local
  and state revenue in the fund. (V.A.C.S. Art. 5190.14, Secs. 5A(k)
  (part), (l).)
         Sec. 478.0203.  REDUCTION OF DISBURSEMENT AMOUNT. (a)
  After the conclusion of an event, the office shall compare
  information on the actual attendance figures provided under Section
  478.0251 with the estimated attendance numbers used to determine
  the incremental increase in tax receipts under Section 478.0102.
  If the actual attendance figures are significantly lower than the
  estimated attendance numbers, the office may reduce the amount of a
  disbursement from the fund for an endorsing entity:
               (1)  in proportion to the discrepancy between the
  actual and estimated attendance; and
               (2)  in proportion to the amount the entity contributed
  to the fund.
         (b)  The office by rule shall:
               (1)  define "significantly lower" for purposes of this
  section; and
               (2)  provide the manner in which the office may
  proportionately reduce a disbursement.
         (c)  This section does not affect the remittance under
  Section 478.0207 of any money remaining in the fund. (V.A.C.S. Art.
  5190.14, Sec. 5A(y).)
         Sec. 478.0204.  ALLOWABLE EXPENSES. (a) Money in the fund
  may be used to:
               (1)  pay the principal of and interest on notes issued
  under Section 478.0252; and
               (2)  fulfill obligations of an endorsing municipality,
  an endorsing county, or this state to a site selection organization
  under a games support contract or event support contract.
         (b)  Subject to Sections 478.0202 and 478.0205, the
  obligations described by Subsection (a)(2) may include the payment
  of:
               (1)  the costs relating to the preparations necessary
  or desirable for conducting the event; and
               (2)  the costs of conducting the event, including the
  costs of an improvement or renovation to an existing facility and
  the costs of the acquisition or construction of a new facility or
  other facility. (V.A.C.S. Art. 5190.14, Sec. 5A(h).)
         Sec. 478.0205.  LIMITATION ON CERTAIN DISBURSEMENTS. (a) A
  disbursement from the fund is limited to five percent of the cost of
  a structural improvement or a fixture if:
               (1)  an obligation is incurred under a games support
  contract or event support contract to make the improvement or add
  the fixture to a site for an event; and
               (2)  the improvement or fixture is expected to derive
  most of its value in subsequent uses of the site for future events.
         (b)  The remainder of an obligation described by Subsection
  (a) is not eligible for a disbursement from the fund, unless the
  obligation is for an improvement or fixture for a publicly owned
  facility. (V.A.C.S. Art. 5190.14, Sec. 5A(k) (part).)
         Sec. 478.0206.  PROHIBITED DISBURSEMENT. The office may not
  make a disbursement from the fund that the office determines would
  be used to solicit the relocation of a professional sports
  franchise located in this state. (V.A.C.S. Art. 5190.14, Sec.
  5A(k) (part).)
         Sec. 478.0207.  REMITTANCE OF REMAINING FUND MONEY. On
  payment of all municipal, county, or state obligations under a
  games support contract or event support contract related to the
  location of an event in this state, the office shall remit to each
  endorsing entity, in proportion to the amount contributed by the
  entity, any money remaining in the fund. (V.A.C.S. Art. 5190.14,
  Sec. 5A(m).)
  SUBCHAPTER F. LOCAL POWERS AND DUTIES RELATING TO EVENTS
         Sec. 478.0251.  REQUIRED INFORMATION. (a) A local
  organizing committee, endorsing municipality, or endorsing county
  shall provide information required by the office to fulfill the
  office's duties under this chapter, including:
               (1)  annual audited statements of any financial records
  required by a site selection organization; and
               (2)  data obtained by the local organizing committee,
  an endorsing municipality, or an endorsing county relating to:
                     (A)  attendance at the event, including an
  estimate of the number of people expected to attend the event who
  are not residents of this state; and
                     (B)  the economic impact of the event.
         (b)  A local organizing committee, endorsing municipality,
  or endorsing county must provide an annual audited financial
  statement required by the office not later than the end of the
  fourth month after the last day of the period covered by the
  financial statement.
         (c)  After the conclusion of an event and on the office's
  request, a local organizing committee, endorsing municipality, or
  endorsing county must provide information about the event, such as
  attendance figures, including an estimate of the number of people
  who attended the event who are not residents of this state,
  financial information, or other public information held by the
  committee, municipality, or county that the office considers
  necessary. (V.A.C.S. Art. 5190.14, Sec. 5A(i).)
         Sec. 478.0252.  ISSUANCE OF NOTES. (a) To meet its
  obligations under a games support contract or event support
  contract to improve, construct, renovate, or acquire facilities or
  to acquire equipment, an endorsing municipality by ordinance or an
  endorsing county by order may authorize the issuance of notes.
         (b)  An endorsing municipality or endorsing county may
  provide that the notes be paid from and secured by:
               (1)  amounts on deposit or amounts to be deposited to
  the fund; or
               (2)  surcharges from user fees charged in connection
  with the event, including parking or ticket fees.
         (c)  A note issued must mature not later than the seventh
  anniversary of the date of issuance. (V.A.C.S. Art. 5190.14, Sec.
  5A(g).)
         Sec. 478.0253.  PLEDGE OF SURCHARGES TO GUARANTEE
  OBLIGATIONS. An endorsing municipality or endorsing county may
  guarantee its obligations under an event support contract and this
  chapter by pledging, in addition to the tax revenue deposited under
  Section 478.0152, surcharges from user fees charged in connection
  with the event, including parking or ticket fees. (V.A.C.S. Art. 5190.14, Sec. 5A(e) (part).)
 
  CHAPTER 479. MOTOR SPORTS RACING TRUST FUND
  SUBCHAPTER A. GENERAL PROVISIONS
  Sec. 479.0001.  DEFINITIONS 
  Sec. 479.0002.  CONSTRUCTION OF CHAPTER 
  Sec. 479.0003.  APPLICABILITY OF PROVISIONS RELATING TO
                   GAMES 
  SUBCHAPTER B. STATE ACTIONS RELATING TO MOTOR SPORTS RACING EVENTS
  Sec. 479.0051.  PREREQUISITES FOR OFFICE ACTION 
  Sec. 479.0052.  DETERMINATION OF INCREMENTAL INCREASE
                   IN CERTAIN TAX RECEIPTS 
  Sec. 479.0053.  TIME FOR DETERMINATION 
  Sec. 479.0054.  DESIGNATION OF MARKET AREA 
  Sec. 479.0055.  ESTIMATE OF TAX REVENUE CREDITED TO
                   TRUST FUND 
  SUBCHAPTER C. TRUST FUND ESTABLISHMENT AND CONTRIBUTIONS
  Sec. 479.0101.  MOTOR SPORTS RACING TRUST FUND 
  Sec. 479.0102.  DEPOSIT OF MUNICIPAL AND COUNTY TAX
                   REVENUE 
  Sec. 479.0103.  STATE TAX REVENUE 
  SUBCHAPTER D. DISBURSEMENTS FROM TRUST FUND
  Sec. 479.0151.  DISBURSEMENT WITHOUT APPROPRIATION 
  Sec. 479.0152.  DISBURSEMENT FROM TRUST FUND 
  Sec. 479.0153.  ALLOWABLE EXPENSES 
  Sec. 479.0154.  PROHIBITED DISBURSEMENT 
  Sec. 479.0155.  REMITTANCE OF REMAINING TRUST FUND
                   MONEY 
  SUBCHAPTER E. LOCAL POWERS AND DUTIES RELATING TO MOTOR SPORTS
  RACING EVENTS
  Sec. 479.0201.  REQUIRED INFORMATION 
  Sec. 479.0202.  ISSUANCE OF NOTES 
  Sec. 479.0203.  PLEDGE OF SURCHARGES TO GUARANTEE
                   OBLIGATIONS 
  CHAPTER 479. MOTOR SPORTS RACING TRUST FUND
  SUBCHAPTER A. GENERAL PROVISIONS
         Sec. 479.0001.  DEFINITIONS.  In this chapter:
               (1)  "Endorsing county" means a county that contains a
  site selected by a site selection organization for a motor sports
  racing event.
               (2)  "Endorsing municipality" means a municipality
  that contains a site selected by a site selection organization for a
  motor sports racing event.
               (3)  "Event support contract" means a joinder
  undertaking, joinder agreement, or similar contract executed by a
  site selection organization and an endorsing municipality or
  endorsing county.
               (4)  "Motor sports racing event" means a specific
  automobile racing event sanctioned by the Automobile Competition
  Committee for the United States (ACCUS) and held at a temporary
  event venue.  The term includes an event or activity held,
  sponsored, or endorsed by the site selection organization in
  conjunction with the racing event.
               (5)  "Trust fund" means the motor sports racing trust
  fund established by this chapter. (V.A.C.S. Art. 5190.14, Sec.
  5B(a); New.)
         Sec. 479.0002.  CONSTRUCTION OF CHAPTER. This chapter may
  not be construed as creating or requiring a state guarantee of an
  obligation imposed on an endorsing municipality, an endorsing
  county, or this state under a motor sports racing event support
  contract or another agreement relating to hosting a motor sports
  racing event in this state. (V.A.C.S. Art. 5190.14, Sec. 5B(n).)
         Sec. 479.0003.  APPLICABILITY OF PROVISIONS RELATING TO
  GAMES. Any provision of this subtitle applicable to games as
  defined by Section 475.0001 also applies to a motor sports racing
  event. (V.A.C.S. Art. 5190.14, Sec. 5B(p).)
  SUBCHAPTER B. STATE ACTIONS RELATING TO MOTOR SPORTS RACING EVENTS
         Sec. 479.0051.  PREREQUISITES FOR OFFICE ACTION. The office
  may not undertake any duty imposed by this chapter unless:
               (1)  the municipality and county in which a motor
  sports racing event will be held submit a request; and
               (2)  the request is accompanied by documentation from a
  site selection organization selecting the site for the racing
  event.  (V.A.C.S. Art. 5190.14, Sec. 5B(o).)
         Sec. 479.0052.  DETERMINATION OF INCREMENTAL INCREASE IN
  CERTAIN TAX RECEIPTS. (a)  After a site selection organization
  selects a site for a motor sports racing event in this state in
  accordance with an application by a local organizing committee,
  endorsing municipality, or endorsing county, the office shall
  determine the incremental increases in the following tax receipts
  that the office determines are directly attributable to the
  preparation for and presentation of the racing event for the 30-day
  period that ends at the end of the day after the date on which the
  racing event will be held:
               (1)  the receipts to this state from taxes imposed
  under Chapters 151, 152, 156, and 183, Tax Code, and under Title 5,
  Alcoholic Beverage Code, in the market areas designated under
  Section 479.0054;
               (2)  the receipts collected by this state for each
  endorsing municipality in the market area from the sales and use tax
  imposed by each endorsing municipality under Section 321.101(a),
  Tax Code, and the mixed beverage tax revenue to be received by each
  endorsing municipality under Section 183.051(b), Tax Code;
               (3)  the receipts collected by this state for each
  endorsing county in the market area from the sales and use tax
  imposed by each endorsing county under Section 323.101(a), Tax
  Code, and the mixed beverage tax revenue to be received by each
  endorsing county under Section 183.051(b), Tax Code;
               (4)  the receipts collected by each endorsing
  municipality in the market area from the hotel occupancy tax
  imposed under Chapter 351, Tax Code; and
               (5)  the receipts collected by each endorsing county in
  the market area from the hotel occupancy tax imposed under Chapter
  352, Tax Code.
         (b)  The office shall make the determination required by
  Subsection (a) in accordance with procedures the office develops.
  (V.A.C.S. Art. 5190.14, Sec. 5B(b) (part).)
         Sec. 479.0053.  TIME FOR DETERMINATION.  The office shall
  determine the incremental increase in tax receipts under Section
  479.0052 not later than three months before the date of the motor
  sports racing event.  (V.A.C.S. Art. 5190.14, Sec. 5B(b) (part).)
         Sec. 479.0054.  DESIGNATION OF MARKET AREA. (a)  For
  purposes of Section 479.0052(a)(1), the office shall designate as a
  market area for a motor sports racing event each area in which the
  office determines there is a reasonable likelihood of measurable
  economic impact directly attributable to the preparation for and
  presentation of the racing event. The office shall include areas
  likely to provide venues, accommodations, and services in
  connection with the racing event based on a proposal or other
  information a local organizing committee, endorsing municipality,
  or endorsing county provides to the office.
         (b)  The office shall determine the geographic boundaries of
  each market area.
         (c)  An endorsing municipality or endorsing county selected
  as the site for the motor sports racing event must be included in a
  market area for the racing event. (V.A.C.S. Art. 5190.14, Sec.
  5B(c).)
         Sec. 479.0055.  ESTIMATE OF TAX REVENUE CREDITED TO TRUST
  FUND. (a) Not later than three months before the date of a motor
  sports racing event, the office shall provide an estimate of the
  total amount of tax revenue that would be transferred or deposited
  to the trust fund under this chapter in connection with that racing
  event if the racing event were held in this state at a site selected
  in accordance with an application by a local organizing committee,
  endorsing municipality, or endorsing county.
         (b)  The office shall provide the estimate on request to a
  local organizing committee, endorsing municipality, or endorsing
  county.
         (c)  A local organizing committee, endorsing municipality,
  or endorsing county may submit the office's estimate to a site
  selection organization. (V.A.C.S. Art. 5190.14, Sec. 5B(j).)
  SUBCHAPTER C. TRUST FUND ESTABLISHMENT AND CONTRIBUTIONS
         Sec. 479.0101.  MOTOR SPORTS RACING TRUST FUND. The motor
  sports racing trust fund is established outside the state treasury
  and is held in trust by the comptroller for administration of this
  chapter. (V.A.C.S. Art. 5190.14, Sec. 5B(d) (part).)
         Sec. 479.0102.  DEPOSIT OF MUNICIPAL AND COUNTY TAX REVENUE.
  (a) Each endorsing municipality or endorsing county shall remit to
  the comptroller and the comptroller shall deposit into a trust fund
  created by the comptroller, at the direction of the office, and
  designated as the motor sports racing trust fund for the motor
  sports racing event the amount of the municipality's or county's
  hotel occupancy tax revenue determined under Section
  479.0052(a)(4) or (5), less any amount of the revenue that the
  municipality or county determines is necessary to meet the
  obligations of the municipality or county.
         (b)  The comptroller, at the direction of the office, shall
  retain the amount of sales and use tax revenue and mixed beverage
  tax revenue determined under Section 479.0052(a)(2) or (3) from the
  amounts otherwise required to be sent to the municipality under
  Sections 321.502 and 183.051(b), Tax Code, or to the county under
  Sections 323.502 and 183.051(b), Tax Code, less any amount of the
  revenue that the municipality or county determines is necessary to
  meet the obligations of the municipality or county, and shall
  deposit the retained tax revenue to the trust fund.
         (c)  The comptroller shall begin retaining and depositing
  the municipal and county tax revenue with the first distribution of
  that tax revenue that occurs after the first day of the period
  described by Section 479.0052(a).
         (d)  The comptroller shall discontinue retaining the
  municipal and county tax revenue when the amount of the applicable
  tax revenue determined under Section 479.0052(a)(2) or (3) has been
  retained. (V.A.C.S. Art. 5190.14, Sec. 5B(d) (part).)
         Sec. 479.0103.  STATE TAX REVENUE. The comptroller, at the
  direction of the office, shall transfer to the trust fund a portion
  of the state tax revenue determined under Section 479.0052(a)(1) in
  an amount equal to 6.25 multiplied by the amount of the municipal
  and county sales and use tax revenue and mixed beverage tax revenue
  retained and the hotel occupancy tax revenue remitted by an
  endorsing municipality or endorsing county under Section 479.0102.
  (V.A.C.S. Art. 5190.14, Sec. 5B(f).)
  SUBCHAPTER D. DISBURSEMENTS FROM TRUST FUND
         Sec. 479.0151.  DISBURSEMENT WITHOUT APPROPRIATION. Money
  in the trust fund may be disbursed by the office without
  appropriation only as provided by this chapter. (V.A.C.S. Art.
  5190.14, Sec. 5B(d) (part).)
         Sec. 479.0152.  DISBURSEMENT FROM TRUST FUND. (a) After
  approval of each contributing endorsing municipality and endorsing
  county, the office may make a disbursement from the trust fund for a
  purpose for which an endorsing municipality, an endorsing county,
  or this state is obligated under a motor sports racing event support
  contract or event support contract.
         (b)  If the office makes a disbursement from the trust fund,
  the office shall satisfy the obligation proportionately from the
  municipal, county, and state revenue in the trust fund. (V.A.C.S.
  Art. 5190.14, Secs. 5B(k) (part), (l).)
         Sec. 479.0153.  ALLOWABLE EXPENSES. (a) Money in the trust
  fund may be used to:
               (1)  pay the principal of and interest on notes issued
  under Section 479.0202; and
               (2)  fulfill obligations of an endorsing municipality,
  an endorsing county, or this state to a site selection organization
  under a motor sports racing event support contract or event support
  contract.
         (b)  The obligations described by Subsection (a)(2) may
  include the payment of:
               (1)  the costs relating to the preparations necessary
  or desirable for conducting the motor sports racing event; and
               (2)  the costs of conducting the racing event,
  including costs of a temporary improvement or temporary renovation
  to an existing facility specific to the racing event. (V.A.C.S.
  Art. 5190.14, Sec. 5B(h).)
         Sec. 479.0154.  PROHIBITED DISBURSEMENT. The office may not
  make a disbursement from the trust fund that the office determines
  would be used to solicit the relocation of a professional sports
  franchise located in this state. (V.A.C.S. Art. 5190.14, Sec.
  5B(k) (part).)
         Sec. 479.0155.  REMITTANCE OF REMAINING TRUST FUND MONEY.
  On payment of all municipal, county, or state obligations under a
  motor sports racing event support contract or event support
  contract related to the location of a motor sports racing event in
  this state, the office shall remit to each endorsing entity, in
  proportion to the amount contributed by the entity, any money
  remaining in the trust fund. (V.A.C.S. Art. 5190.14, Sec. 5B(m).)
  SUBCHAPTER E. LOCAL POWERS AND DUTIES RELATING TO MOTOR SPORTS
  RACING EVENTS
         Sec. 479.0201.  REQUIRED INFORMATION. (a) A local
  organizing committee, endorsing municipality, or endorsing county
  shall provide information required by the office to fulfill the
  office's duties under this chapter, including:
               (1)  annual audited statements of any financial records
  required by a site selection organization; and
               (2)  data obtained by the local organizing committee,
  an endorsing municipality, or an endorsing county relating to:
                     (A)  attendance at the motor sports racing event;
  and
                     (B)  the economic impact of the racing event.
         (b)  A local organizing committee, endorsing municipality,
  or endorsing county must provide any annual audited financial
  statement required by the office not later than the end of the
  fourth month after the last day of the period covered by the
  financial statement. (V.A.C.S. Art. 5190.14, Sec. 5B(i).)
         Sec. 479.0202.  ISSUANCE OF NOTES. (a) To meet its
  obligations under a motor sports racing event support contract or
  event support contract to improve, renovate, or acquire facilities
  or to acquire equipment, an endorsing municipality by ordinance or
  an endorsing county by order may authorize the issuance of notes.
         (b)  An endorsing municipality or endorsing county may
  provide that the notes be paid from and secured by:
               (1)  amounts on deposit or amounts to be transferred or
  deposited to the trust fund; or
               (2)  surcharges from user fees charged in connection
  with the motor sports racing event, including parking or ticket
  fees.
         (c)  A note issued must mature not later than the seventh
  anniversary of the date of issuance. (V.A.C.S. Art. 5190.14, Sec.
  5B(g).)
         Sec. 479.0203.  PLEDGE OF SURCHARGES TO GUARANTEE
  OBLIGATIONS. An endorsing municipality or endorsing county may
  guarantee its obligations under a motor sports racing event support
  contract and this chapter by pledging, in addition to the tax
  revenue deposited under Section 479.0102, surcharges from user fees
  charged in connection with the motor sports racing event, including parking or ticket fees. (V.A.C.S. Art. 5190.14, Sec. 5B(e).)
 
  CHAPTER 480. EVENTS TRUST FUND
  SUBCHAPTER A. GENERAL PROVISIONS
  Sec. 480.0001.  DEFINITIONS 
  Sec. 480.0002.  RULES 
  Sec. 480.0003.  CONSTRUCTION OF CHAPTER 
  SUBCHAPTER B. ELIGIBILITY
  Sec. 480.0051.  EVENTS ELIGIBLE FOR FUNDING 
  Sec. 480.0052.  LIMITATIONS ON CERTAIN FUNDING REQUESTS 
  SUBCHAPTER C. STATE ACTIONS RELATING TO EVENTS
  Sec. 480.0101.  PREREQUISITES FOR OFFICE ACTION 
  Sec. 480.0102.  DETERMINATION OF INCREMENTAL INCREASE
                   IN CERTAIN TAX RECEIPTS 
  Sec. 480.0103.  TIME FOR DETERMINATION 
  Sec. 480.0104.  DESIGNATION OF MARKET AREA 
  Sec. 480.0105.  ESTIMATE OF TAX REVENUE CREDITED TO
                   FUND 
  Sec. 480.0106.  MODEL EVENT SUPPORT CONTRACT 
  SUBCHAPTER D. FUND ESTABLISHMENT AND CONTRIBUTIONS
  Sec. 480.0151.  EVENTS TRUST FUND 
  Sec. 480.0152.  DEPOSIT OF MUNICIPAL AND COUNTY TAX
                   REVENUE 
  Sec. 480.0153.  OTHER LOCAL MONEY 
  Sec. 480.0154.  SURCHARGES AND USER FEES 
  Sec. 480.0155.  STATE TAX REVENUE 
  SUBCHAPTER E. DISBURSEMENTS FROM FUND
  Sec. 480.0201.  DISBURSEMENT WITHOUT APPROPRIATION 
  Sec. 480.0202.  DISBURSEMENT FROM FUND 
  Sec. 480.0203.  REDUCTION OF DISBURSEMENT AMOUNT 
  Sec. 480.0204.  ALLOWABLE EXPENSES 
  Sec. 480.0205.  LIMITATION ON CERTAIN DISBURSEMENTS 
  Sec. 480.0206.  PROHIBITED DISBURSEMENTS 
  Sec. 480.0207.  REMITTANCE OF REMAINING FUND MONEY 
  SUBCHAPTER F. LOCAL POWERS AND DUTIES RELATING TO EVENTS
  Sec. 480.0251.  REQUIRED INFORMATION 
  Sec. 480.0252.  ISSUANCE OF NOTES 
  Sec. 480.0253.  PLEDGE OF SURCHARGES TO GUARANTEE
                   OBLIGATIONS 
  CHAPTER 480. EVENTS TRUST FUND
  SUBCHAPTER A. GENERAL PROVISIONS
         Sec. 480.0001.  DEFINITIONS. In this chapter:
               (1)  "Endorsing county" means a county that contains a
  site selected by a site selection organization for an event.
               (2)  "Endorsing municipality" means a municipality
  that contains a site selected by a site selection organization for
  an event.
               (3)  "Event" means an event or related series of events
  to be held in this state for which a local organizing committee,
  endorsing municipality, or endorsing county seeks approval from a
  site selection organization to hold the event at a site in this
  state.  The term includes any activity related to or associated with
  the event.
               (4)  "Event support contract" means a joinder
  undertaking, a joinder agreement, or a similar contract executed by
  a site selection organization and a local organizing committee, an
  endorsing municipality, or an endorsing county.
               (5)  "Site selection organization" means an entity that
  conducts or considers conducting in this state an event eligible
  under Section 480.0051. (V.A.C.S. Art. 5190.14, Sec. 5C(a).)
         Sec. 480.0002.  RULES. The office may adopt rules necessary
  to implement this chapter. (V.A.C.S. Art. 5190.14, Sec. 5C(p).)
         Sec. 480.0003.  CONSTRUCTION OF CHAPTER. This chapter may
  not be construed as creating or requiring a state guarantee of an
  obligation imposed on an endorsing municipality, an endorsing
  county, or this state under an event support contract or another
  agreement relating to hosting an event in this state. (V.A.C.S.
  Art. 5190.14, Sec. 5C(n).)
  SUBCHAPTER B. ELIGIBILITY
         Sec. 480.0051.  EVENTS ELIGIBLE FOR FUNDING. An event is
  eligible for funding under this chapter only if:
               (1)  a site selection organization, after considering
  through a highly competitive selection process one or more sites
  not in this state, selects a site in this state for the event to be
  held:
                     (A)  one time; or
                     (B)  if the event is scheduled under an event
  contract or event support contract to be held each year for a period
  of years, one time in each year;
               (2)  a site selection organization selects a site in
  this state as:
                     (A)  the sole site for the event; or
                     (B)  the sole site for the event in a region
  composed of this state and one or more adjoining states; and
               (3)  the event is held not more than one time in any
  year in this state or an adjoining state.  (V.A.C.S. Art. 5190.14,
  Sec. 5C(a-1).)
         Sec. 480.0052.  LIMITATIONS ON CERTAIN FUNDING REQUESTS.
  (a) This section applies only to an event for which the office
  determines under Section 480.0102 that the total incremental
  increase in tax receipts is less than $200,000.
         (b)  Subject to Subsection (c), an endorsing municipality or
  endorsing county may during any 12-month period submit requests for
  funding under this chapter for not more than 10 events to which this
  section applies.
         (c)  Not more than three of the events described by
  Subsection (b) may be nonsporting events.  (V.A.C.S. Art. 5190.14,
  Sec. 5C(b-1).)
  SUBCHAPTER C. STATE ACTIONS RELATING TO EVENTS
         Sec. 480.0101.  PREREQUISITES FOR OFFICE ACTION. The office
  may not undertake any duty imposed by this chapter unless:
               (1)  the municipality or county in which an event will
  be located submits a request; and
               (2)  the request is accompanied by documentation from a
  site selection organization selecting the site for the event.
  (V.A.C.S. Art. 5190.14, Sec. 5C(o).)
         Sec. 480.0102.  DETERMINATION OF INCREMENTAL INCREASE IN
  CERTAIN TAX RECEIPTS. (a) After a site selection organization
  selects a site for an event in this state in accordance with an
  application by a local organizing committee, endorsing
  municipality, or endorsing county, the office shall determine the
  incremental increases in the following tax receipts that the office
  determines are directly attributable to the preparation for and
  presentation of the event for the 30-day period that ends at the end
  of the day after the date on which the event will be held or, if the
  event will be held on more than one day, after the last date on which
  the event will be held:
               (1)  the receipts to this state from taxes imposed
  under Chapters 151, 152, 156, and 183, Tax Code, and under Title 5,
  Alcoholic Beverage Code, in the market areas designated under
  Section 480.0104;
               (2)  the receipts collected by this state for each
  endorsing municipality in the market area from the sales and use tax
  imposed by each endorsing municipality under Section 321.101(a),
  Tax Code, and the mixed beverage tax revenue to be received by each
  endorsing municipality under Section 183.051(b), Tax Code;
               (3)  the receipts collected by this state for each
  endorsing county in the market area from the sales and use tax
  imposed by each endorsing county under Section 323.101(a), Tax
  Code, and the mixed beverage tax revenue to be received by each
  endorsing county under Section 183.051(b), Tax Code;
               (4)  the receipts collected by each endorsing
  municipality in the market area from the hotel occupancy tax
  imposed under Chapter 351, Tax Code; and
               (5)  the receipts collected by each endorsing county in
  the market area from the hotel occupancy tax imposed under Chapter
  352, Tax Code.
         (b)  The office shall make the determination required by
  Subsection (a) in accordance with procedures the office develops
  and shall base that determination on information submitted by a
  local organizing committee, endorsing municipality, or endorsing
  county.
         (c)  In determining the amount of state revenue available
  under Subsection (a)(1), the office may consider whether:
               (1)  the event has been previously held in this state;
  and
               (2)  changes to the character of the event could affect
  the incremental increase in tax receipts collected and remitted to
  this state by an endorsing municipality or endorsing county under
  Subsection (a)(1).  (V.A.C.S. Art. 5190.14, Secs. 5C(b) (part),
  (c-1) (part), (q).)
         Sec. 480.0103.  TIME FOR DETERMINATION. The office shall
  determine the incremental increase in tax receipts under Section
  480.0102 not later than the earlier of:
               (1)  the 30th day after the date the office receives the
  information for an event submitted by a local organizing committee,
  endorsing municipality, or endorsing county on which the office
  bases the determination as provided by Section 480.0102(b); and
               (2)  three months before the date of the event.  
  (V.A.C.S. Art. 5190.14, Secs. 5C(b) (part), (c-1) (part).)
         Sec. 480.0104.  DESIGNATION OF MARKET AREA. (a) For
  purposes of Section 480.0102(a)(1), the office shall designate as a
  market area for an event each area in which the office determines
  there is a reasonable likelihood of measurable economic impact
  directly attributable to the preparation for and presentation of
  the event.  The office shall include areas likely to provide venues,
  accommodations, and services in connection with the event based on
  the proposal the local organizing committee provides to the office.
         (b)  The office shall determine the geographic boundaries of
  each market area.
         (c)  An endorsing municipality or endorsing county selected
  as the site for the event must be included in a market area for the
  event. (V.A.C.S. Art. 5190.14, Sec. 5C(c).)
         Sec. 480.0105.  ESTIMATE OF TAX REVENUE CREDITED TO FUND.
  (a) Not later than three months before the date of an event, the
  office shall provide an estimate of the total amount of tax revenue
  that would be transferred or deposited to the events trust fund
  under this chapter in connection with that event if the event were
  held in this state at a site selected in accordance with an
  application by a local organizing committee, endorsing
  municipality, or endorsing county.
         (b)  The office shall provide the estimate on request to a
  local organizing committee, endorsing municipality, or endorsing
  county.
         (c)  A local organizing committee, endorsing municipality,
  or endorsing county may submit the office's estimate to a site
  selection organization. (V.A.C.S. Art. 5190.14, Sec. 5C(j).)
         Sec. 480.0106.  MODEL EVENT SUPPORT CONTRACT. (a) The
  office may adopt a model event support contract and make the
  contract available on the office's Internet website.
         (b)  The office's adoption of a model event support contract
  under this section does not require use of the model event support
  contract for purposes of this chapter.  (V.A.C.S. Art. 5190.14,
  Sec. 5C(r).)
  SUBCHAPTER D. FUND ESTABLISHMENT AND CONTRIBUTIONS
         Sec. 480.0151.  EVENTS TRUST FUND. The events trust fund is
  established outside the state treasury and is held in trust by the
  comptroller for administration of this chapter. (V.A.C.S. Art.
  5190.14, Sec. 5C(d) (part).)
         Sec. 480.0152.  DEPOSIT OF MUNICIPAL AND COUNTY TAX REVENUE.
  (a) Each endorsing municipality or endorsing county shall remit to
  the comptroller and the comptroller shall deposit into a trust fund
  created by the comptroller, at the direction of the office, and
  designated as the events trust fund the amount of the
  municipality's or county's hotel occupancy tax revenue determined
  under Section 480.0102(a)(4) or (5), less any amount of the revenue
  that the municipality or county determines is necessary to meet the
  obligations of the municipality or county.
         (b)  The comptroller, at the direction of the office, shall
  retain the amount of sales and use tax revenue and mixed beverage
  tax revenue determined under Section 480.0102(a)(2) or (3) from the
  amounts otherwise required to be sent to the municipality under
  Sections 321.502 and 183.051(b), Tax Code, or to the county under
  Sections 323.502 and 183.051(b), Tax Code, less any amount of the
  revenue that the municipality or county determines is necessary to
  meet the obligations of the municipality or county, and shall
  deposit the retained tax revenue to the events trust fund.
         (c)  The comptroller shall begin retaining and depositing
  the municipal and county tax revenue:
               (1)  with the first distribution of that tax revenue
  that occurs after the first day of the period described by Section
  480.0102(a); or
               (2)  at a time the office otherwise determines to be
  practicable.
         (d)  The comptroller shall discontinue retaining the
  municipal and county tax revenue when the amount of the applicable
  tax revenue determined under Section 480.0102(a)(2) or (3) has been
  retained. (V.A.C.S. Art. 5190.14, Sec. 5C(d) (part).)
         Sec. 480.0153.  OTHER LOCAL MONEY. (a) In lieu of the
  municipal and county tax revenues remitted or retained under
  Section 480.0152, an endorsing municipality or endorsing county may
  remit to the office for deposit to the events trust fund other local
  money in an amount equal to the total amount of municipal and county
  tax revenue determined under Sections 480.0102(a)(2)-(5).
         (b)  An endorsing municipality or endorsing county must
  remit the other local money not later than the 90th day after the
  last day of an event.
         (c)  For purposes of Section 480.0155, the amount deposited
  under this section is considered remitted municipal and county tax
  revenue. (V.A.C.S. Art. 5190.14, Sec. 5C(d-1).)
         Sec. 480.0154.  SURCHARGES AND USER FEES. An endorsing
  municipality or endorsing county may collect and remit to the
  office surcharges and user fees attributable to an event for
  deposit to the events trust fund. (V.A.C.S. Art. 5190.14, Sec.
  5C(e) (part).)
         Sec. 480.0155.  STATE TAX REVENUE. (a) The comptroller, at
  the direction of the office, shall transfer to the events trust fund
  a portion of the state tax revenue in an amount equal to 6.25
  multiplied by the amount of the municipal and county tax revenue
  retained or remitted under this chapter, including:
               (1)  local sales and use tax revenue;
               (2)  mixed beverage tax revenue;
               (3)  hotel occupancy tax revenue; and
               (4)  surcharge and user fee revenue.
         (b)  The amount transferred under Subsection (a) may not
  exceed the incremental increase in tax receipts determined under
  Section 480.0102(a)(1). (V.A.C.S. Art. 5190.14, Sec. 5C(f).)
  SUBCHAPTER E. DISBURSEMENTS FROM FUND
         Sec. 480.0201.  DISBURSEMENT WITHOUT APPROPRIATION. Money
  in the events trust fund may be disbursed by the office without
  appropriation only as provided by this chapter. (V.A.C.S. Art.
  5190.14, Sec. 5C(d) (part).)
         Sec. 480.0202.  DISBURSEMENT FROM FUND. (a) After approval
  of each contributing endorsing municipality and endorsing county,
  the office may make a disbursement from the events trust fund for a
  purpose for which a local organizing committee, an endorsing
  municipality, an endorsing county, or this state is obligated under
  an event support contract, including an obligation to pay costs
  incurred in making preparations necessary for the event and
  conducting the event.
         (b)  In considering whether to make a disbursement from the
  events trust fund, the office may not consider a contingency clause
  in an event support contract as relieving a local organizing
  committee's, endorsing municipality's, or endorsing county's
  obligation to pay a cost under the contract.
         (c)  If the office makes a disbursement from the events trust
  fund, the office shall satisfy the obligation proportionately from
  the local and state revenue in the fund. (V.A.C.S. Art. 5190.14,
  Secs. 5C(k) (part), (l).)
         Sec. 480.0203.  REDUCTION OF DISBURSEMENT AMOUNT. (a)
  After the conclusion of an event, the office shall compare
  information on the actual attendance figures provided under Section
  480.0251 with the estimated attendance numbers used to determine
  the incremental increase in tax receipts under Section 480.0102.
  If the actual attendance figures are significantly lower than the
  estimated attendance numbers, the office may reduce the amount of a
  disbursement from the events trust fund for an endorsing entity:
               (1)  in proportion to the discrepancy between the
  actual and estimated attendance; and
               (2)  in proportion to the amount the entity contributed
  to the fund.
         (b)  The office by rule shall:
               (1)  define "significantly lower" for purposes of this
  section; and
               (2)  provide the manner in which the office may
  proportionately reduce a disbursement.
         (c)  This section does not affect the remittance under
  Section 480.0207 of any money remaining in the events trust fund.
  (V.A.C.S. Art. 5190.14, Sec. 5C(t).)
         Sec. 480.0204.  ALLOWABLE EXPENSES. (a) Money in the events
  trust fund may be used to:
               (1)  pay the principal of and interest on notes issued
  under Section 480.0252; and
               (2)  fulfill obligations of an endorsing municipality,
  an endorsing county, or this state to a site selection organization
  under an event support contract.
         (b)  Subject to Sections 480.0202 and 480.0205, the
  obligations described by Subsection (a)(2) may include the payment
  of:
               (1)  the costs relating to the preparations necessary
  for conducting the event; and
               (2)  the costs of conducting the event, including costs
  of an improvement or renovation to an existing facility and costs of
  acquisition or construction of a new facility or other facility.
  (V.A.C.S. Art. 5190.14, Sec. 5C(h).)
         Sec. 480.0205.  LIMITATION ON CERTAIN DISBURSEMENTS. (a) A
  disbursement from the events trust fund is limited to five percent
  of the cost of a structural improvement or a fixture if:
               (1)  an obligation is incurred under an event support
  contract to make the improvement or add the fixture to a site for an
  event; and
               (2)  the improvement or fixture is expected to derive
  most of its value in subsequent uses of the site for future events.
         (b)  The remainder of an obligation described by Subsection
  (a) is not eligible for a disbursement from the events trust fund,
  unless the obligation is for an improvement or fixture for a
  publicly owned facility. (V.A.C.S. Art. 5190.14, Sec. 5C(k)
  (part).)
         Sec. 480.0206.  PROHIBITED DISBURSEMENTS. (a) Subject to
  Subsection (b), the office may not make a disbursement from the
  events trust fund that the office determines would be used to:
               (1)  solicit the relocation of a professional sports
  franchise located in this state;
               (2)  construct an arena, stadium, or convention center;
  or
               (3)  conduct usual and customary maintenance of a
  facility.
         (b)  Subsection (a) does not prohibit a disbursement from the
  events trust fund for the construction of temporary structures
  within an arena, stadium, or convention center that are necessary
  for the conduct of an event or temporary maintenance of a facility
  that is necessary for the preparation for or conduct of an event.
  (V.A.C.S. Art. 5190.14, Secs. 5C(k-1), (k-2).)
         Sec. 480.0207.  REMITTANCE OF REMAINING FUND MONEY. On
  payment of all municipal, county, or state obligations under an
  event support contract related to the location of an event in this
  state, the office shall remit to each endorsing entity, in
  proportion to the amount contributed by the entity, any money
  remaining in the events trust fund. (V.A.C.S. Art. 5190.14, Sec.
  5C(m).)
  SUBCHAPTER F. LOCAL POWERS AND DUTIES RELATING TO EVENTS
         Sec. 480.0251.  REQUIRED INFORMATION. (a) A local
  organizing committee, endorsing municipality, or endorsing county
  shall provide information required by the office to fulfill the
  office's duties under this chapter, including:
               (1)  annual audited statements of any financial records
  required by a site selection organization; and
               (2)  data obtained by the local organizing committee,
  an endorsing municipality, or an endorsing county relating to:
                     (A)  attendance at the event, including an
  estimate of the number of people expected to attend the event who
  are not residents of this state; and
                     (B)  the economic impact of the event.
         (b)  A local organizing committee, endorsing municipality,
  or endorsing county must provide any annual audited financial
  statement required by the office not later than the end of the
  fourth month after the last day of the period covered by the
  financial statement.
         (c)  After the conclusion of an event and on the office's
  request, a local organizing committee, endorsing municipality, or
  endorsing county must provide information about the event, such as
  attendance figures, including an estimate of the number of people
  who attended the event who are not residents of this state,
  financial information, or other public information held by the
  committee, municipality, or county that the office considers
  necessary. (V.A.C.S. Art. 5190.14, Sec. 5C(i).)
         Sec. 480.0252.  ISSUANCE OF NOTES. (a) To meet its
  obligations under an event support contract to improve, construct,
  renovate, or acquire facilities or to acquire equipment, an
  endorsing municipality by ordinance or an endorsing county by order
  may authorize the issuance of notes.
         (b)  An endorsing municipality or endorsing county may
  provide that the notes be paid from and secured by:
               (1)  amounts on deposit or amounts to be transferred or
  deposited to the events trust fund; or
               (2)  surcharges from user fees charged in connection
  with the event, including parking or ticket fees.
         (c)  A note issued must mature not later than the seventh
  anniversary of the date of issuance. (V.A.C.S. Art. 5190.14, Sec.
  5C(g).)
         Sec. 480.0253.  PLEDGE OF SURCHARGES TO GUARANTEE
  OBLIGATIONS. An endorsing municipality or endorsing county may
  guarantee its obligations under an event support contract and this
  chapter by pledging, in addition to the tax revenue deposited under
  Section 480.0152, surcharges from user fees charged in connection
  with the event, including parking or ticket fees. (V.A.C.S. Art.
  5190.14, Sec. 5C(e) (part).)
  ARTICLE 2. CONFORMING AMENDMENTS
         SECTION 2.01.  Section 335.078, Local Government Code, is
  amended to read as follows:
         Sec. 335.078.  VENUE DISTRICT AS ENDORSING MUNICIPALITY OR
  COUNTY. (a)  A venue district located in a county with a population
  of 3.3 million or more may act as an endorsing municipality or
  endorsing county under Subtitle E-1, Title 4, Government Code
  [Chapter 1507, Acts of the 76th Legislature, Regular Session, 1999
  (Article 5190.14, Vernon's Texas Civil Statutes)].
         (b)  A venue district acting as an endorsing municipality or
  endorsing county under Subtitle E-1, Title 4, Government Code
  [Chapter 1507, Acts of the 76th Legislature, Regular Session, 1999
  (Article 5190.14, Vernon's Texas Civil Statutes)], shall remit for
  deposit into the trust fund established for the games or event the
  amounts determined by the comptroller under that subtitle
  [chapter].  The comptroller shall determine the incremental
  increase in receipts attributable to the games or event and related
  activities under that subtitle [chapter] based on the amount of
  applicable taxes imposed by each municipality or county that
  comprises the venue district and not on the amount of taxes imposed
  by the venue district.
         (c)  A venue district acting as an endorsing municipality or
  endorsing county under Subtitle E-1, Title 4, Government Code
  [Chapter 1507, Acts of the 76th Legislature, Regular Session, 1999
  (Article 5190.14, Vernon's Texas Civil Statutes)], may guarantee
  the district's obligations under a games or event support contract
  by pledging surcharges from user fees, including parking or ticket
  fees, charged in connection with the games or event and related
  activities.
         (d)  Subject to Subsection (b), a venue district acting as an
  endorsing municipality or endorsing county under Subtitle E-1,
  Title 4, Government Code [Chapter 1507, Acts of the 76th
  Legislature, Regular Session, 1999 (Article 5190.14, Vernon's
  Texas Civil Statutes)], as authorized by this section, has all the
  powers of an endorsing municipality or endorsing county under that
  subtitle [chapter], and any action an endorsing municipality or
  endorsing county is required to take by ordinance or order under
  that subtitle [chapter] may be taken by order or resolution of the
  venue district.
         SECTION 2.02.  Section 26.041(j), Tax Code, is amended to
  read as follows:
         (j)  Any amount derived from the sales and use tax that is
  retained by the comptroller under Chapters 476 or 477, Government
  Code [Section 4 or 5, Chapter 1507, Acts of the 76th Legislature,
  Regular Session, 1999 (Article 5190.14, Vernon's Texas Civil
  Statutes)], is not considered to be sales and use tax revenue for
  purposes of this section.
  ARTICLE 3. REPEALER
         SECTION 3.01.  Article 5190.14, Vernon's Texas Civil
  Statutes, is repealed.
  ARTICLE 4. GENERAL MATTERS
         SECTION 4.01.  This Act is enacted under Section 43, Article
  III, Texas Constitution. This Act is intended as a recodification
  only, and no substantive change in law is intended by this Act.
         SECTION 4.02.  This Act takes effect April 1, 2021.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 4174 was passed by the House on April
  26, 2019, by the following vote:  Yeas 137, Nays 2, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 4174 was passed by the Senate on May
  15, 2019, by the following vote:  Yeas 31, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor