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A BILL TO BE ENTITLED
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AN ACT
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relating to events to receive funding through a major events trust |
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fund. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subdivisions (4) and (5), Subsection (a), |
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Section 5A, Chapter 1507 (S.B. 456), Acts of the 76th Legislature, |
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Regular Session, 1999 (Article 5190.14, Vernon's Texas Civil |
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Statutes), are amended to read as follows: |
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(4) "Event" means a Super Bowl, a National Collegiate |
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Athletic Association Final Four tournament game, the National |
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Basketball Association All-Star Game, the National Hockey League |
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All-Star Game, the Major League Baseball All-Star Game, a National |
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Collegiate Athletic Association Bowl Championship Series game, a |
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World Cup Soccer game, the World Games, a national collegiate |
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championship of an amateur sport sanctioned by the national |
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governing body of the sport that is recognized by the United States |
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Olympic Committee, an Olympic activity, including a Junior or |
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Senior activity, training program, or feeder program sanctioned by |
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the United States Olympic Committee's Community Olympic |
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Development Program, the Breeders' Cup World Championships, [or] a |
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Formula One automobile race, the Academy of Country Music Awards, |
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the National Cutting Horse Association Triple Crown, or a national |
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political convention of the Republican National Committee or the |
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Democratic National Committee. The term includes any activities |
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related to or associated with an event. |
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(5) "Site selection organization" means: |
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(A) the National Football League, the National |
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Collegiate Athletic Association, the National Basketball |
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Association, the National Hockey League, Major League Baseball, the |
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Federation Internationale de Football Association (FIFA), the |
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International World Games Association, or the United States Olympic |
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Committee; |
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(B) [or] the national governing body of a sport |
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that is recognized by the United States Olympic Committee, the |
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National Thoroughbred Racing Association, Formula One Management |
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Limited, or the Federation Internationale de l'Automobile; |
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(C) the Academy of Country Music; |
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(D) the National Cutting Horse Association; or |
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(E) the Republican National Committee or the |
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Democratic National Committee. |
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SECTION 2. Section 5A, Chapter 1507 (S.B. 456), Acts of the |
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76th Legislature, Regular Session, 1999 (Article 5190.14, Vernon's |
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Texas Civil Statutes), is amended by adding Subsection (w) to read |
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as follows: |
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(w) Not later than 18 months after the last day of an event |
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eligible for disbursements from the Major Events trust fund for |
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costs associated with the event, the comptroller using existing |
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resources shall: |
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(1) complete a study in the market area of the event on |
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the measurable economic impact directly attributable to the |
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preparation for and presentation of the event and related |
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activities; and |
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(2) post on the comptroller's Internet website the |
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results of the study conducted under Subdivision (1) of this |
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subsection. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2011. |