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A BILL TO BE ENTITLED
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AN ACT
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relating to the major events and events trust fund. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2, 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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Civil Statutes) is amended to read as follows: |
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Sec. 2. PURPOSE. The purpose of this Act is to provide |
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assurances required by a site selection organization sponsoring a |
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sporting or non-sporting game or event and to provide [financing] |
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financial assistance for a portion of the costs of: |
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(1) applying or bidding for selection as the site of a game |
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or event in this state; |
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(2) making the preparations necessary and desirable for the |
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conduct of a game or event in this state, including the construction |
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or renovation of facilities to the extent authorized by this Act; |
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and |
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(3) conducting a game or event in this state. |
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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, |
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Vernon's Civil Statutes) is amended by amending subsection (4) to |
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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 Trial event, an Olympic community |
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development activity, including a Junior or Senior activity, |
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training program, or feeder program sanctioned by the United States |
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Olympic |
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SECTION 3. Section 5C, 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 a new subsection (r) to |
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read as follows: |
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(r) Notwithstanding any other provision of this |
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chapter, the comptroller may adopt rules: |
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(1) establishing a minimum economic impact to the state in |
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order for a game or an event to be eligible for funding; |
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(2) allowing for the deduction from amounts disbursed by the |
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comptroller of an administrative fee not to exceed 3% of the rebate |
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to process and audit applications; and |
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(3) requiring specific documentation demonstrating that an |
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event was the subject of a competitive bid process with other |
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locations outside the state. |
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SECTION 4. This act takes effect September 1, 2013. |