Bill Text: TX HB3402 | 2015-2016 | 84th Legislature | Enrolled
Bill Title: Relating to the authority of a venue district to act as an endorsing municipality or endorsing county for purposes of games or event trust funds; authorizing a fee.
Sponsorship: Bipartisan Bill
Status: (Enrolled - Dead) 2015-06-17 - Effective immediately [HB3402 Detail]
Download: Texas-2015-HB3402-Enrolled.html
| H.B. No. 3402 | ||
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| relating to the authority of a venue district to act as an endorsing | ||
| municipality or endorsing county for purposes of games or event | ||
| trust funds; authorizing a fee. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter E, Chapter 335, Local Government | ||
| Code, is amended by adding Section 335.078 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 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 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 chapter. The comptroller shall determine the | ||
| incremental increase in receipts attributable to the games or event | ||
| and related activities under that 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 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 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 chapter, and any action an endorsing municipality or | ||
| endorsing county is required to take by ordinance or order under | ||
| that chapter may be taken by order or resolution of the venue | ||
| district. | ||
| SECTION 2. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2015. | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I certify that H.B. No. 3402 was passed by the House on May | ||
| 12, 2015, by the following vote: Yeas 121, Nays 21, 2 present, not | ||
| voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| I certify that H.B. No. 3402 was passed by the Senate on May | ||
| 24, 2015, by the following vote: Yeas 25, Nays 5. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| APPROVED: _____________________ | ||
| Date | ||
| _____________________ | ||
| Governor | ||
