Honorable Trent Ashby, Chair, House Committee on Culture, Recreation & Tourism
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2231 by Geren (relating to the eligibility of certain events for funding under the major events reimbursement program.), Committee Report 1st House, Substituted
The fiscal implications of the bill cannot be determined at this time. The fiscal impact would depend on the number of attendees and the duration of the event.
This bill would amend the Government Code to include certain events as eligible for funding under the Major Events Reimbursement Program (MERP). The bill would also amend statute to add certain organizations to the list of site selection organizations. The bill would also modify language relating to events that are exempt from certain MERP eligibility criteria.
According to the Office of the Governor, the fiscal impact of the bill to the state cannot be determined without information from the event organizers' application. This includes the number of attendees and the duration of the event.
According to the Comptroller's Office, any amounts which might be deposited or disbursed from the MERP trust fund in relation to the events provided eligibility of the bill are unknown. The revenue impact of the bill cannot be estimated.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
300 Trusteed Programs Within the Office of the Governor, 304 Comptroller of Public Accounts