SRC-VRA H.B. 1675 78(R)   BILL ANALYSIS


Senate Research Center   H.B. 1675
78R8664 EMT-DBy: Menendez (Madla)
Intergovernmental Relations
5/13/2003
Engrossed


DIGEST AND PURPOSE 

The Texas Legislature created the Pan American Games Trust Fund in 1999 to
satisfy requirements of the United States Olympic Committee and the Pan
American Sports Organization relating to financial requirements to host
the 2007 Pan American Games. The City of San Antonio was designated as the
U.S. Bid City for the 2007 Games, but lost in the selection process to Rio
de Janeiro, Brazil.  Had San Antonio been selected as the 2007 Pan
American Games Host City, the  comptroller would have been directed to
estimate the amount of state and local tax revenues that are generated by
the Games and place that amount in the Trust Fund to secure financial
performance by the host city and the State of Texas.  H.B. 1675 would
extend current law to permit a Texas city to be an applicant to host the
2011 Pan American Games by re-creating the Pan American Games Trust Fund
for that event.  

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to
a state officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Article 5190.14, V.T.C.S., to redefine "endorsing
municipality" and "games." 

SECTION 2.  Amends Article 5190.14, V.T.C.S., to increase the date
relating to an extension of state law supporting the Olympic and Pan
American Games from 2007 to 2011. 

SECTION 3.  Amends Article 5190.14, V.T.C.S., to redefine "games."

SECTION 4.  Amends Article 5190.14, V.T.C.S., as follows:

(i)  Requires the comptroller to provide an estimate not later than
December 1, 2003, rather than September 1, 1999, of the total amount of
state and municipal tax revenue that would be deposited in the Pan
American Games trust fund before January 1, 2012, rather than January 1,
2008.    

(i)(1)  Requires the comptroller, on January 1, 2013, rather than January
1, 2009, to transfer to the general revenue fund any money remaining in
the Pan American Games trust fund.  

SECTION 5.  Amends Article 5190.14, V.T.C.S., to make a conforming change.
Deletes text relating to the number of days allowed the municipality to
submit the proposed election to the United States attorney general. 

SECTION 6.  Effective date:  upon passage or September 1, 2003.