Honorable Trent Ashby, Chair, House Committee on Culture, Recreation & Tourism
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4805 by González, Jessica (Relating to the eligibility of a T20 World Cup match and the T20 World Cup tournament for funding under the major events reimbursement program.), As Introduced
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.
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 to or disbursed from the MERP trust fund in relation to the events provided eligibility by the bill are unknown. The fiscal 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