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House Bill 1505 |
House Author: Ortiz, Jr., et al. |
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Effective: 9-1-09 |
Senate Sponsor: Hinojosa |
House Bill 1505 amends the Alcoholic Beverage Code to specify that a provision relating to certain advertising and promotion activities in a public entertainment facility does not restrict or govern the promotion, sponsorship, or advertising of an entertainment event or the promotion or advertising of an alcoholic beverage brand or product at a facility owned by a municipality or county that is financed with public securities, the interest on which is exempt from federal income taxation. The bill establishes that financial arrangements between a concessionaire operating at such a facility and a person operating the concession facilities under a contract with the license or permit holder or the municipality or county does not constitute and is not evidence of subterfuge ownership prohibited by state law.