| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the authorization of a venue district to act as an |
|
|
endorsing entity to attract games, events and related activities. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Subchapter E, Chapter 335, Local Government |
|
|
Code, is amended by adding a new Section 335.078 to read as follows: |
|
|
"Sec. 335.078. |
|
|
VENUE DISTRICT AS ENDORSING ENTITY. (a) |
|
|
Subject to subsection (b), a venue district located in a county with |
|
|
a population of 3.3 million or more may act as an endorsing |
|
|
municipality and endorsing county under Article 1590.14, Vernon's |
|
|
Texas Civil Statutes. |
|
|
(b) A venue district acting as an endorsing municipality or |
|
|
endorsing county shall be responsible for remitting funds for |
|
|
deposit into the applicable game or event trust fund, but the |
|
|
determination of the incremental increase in receipts attributable |
|
|
to games, events and related activities under Article 1590.14, |
|
|
Vernon's Texas Civil Statutes, shall be based on the sales and use, |
|
|
hotel occupancy, mixed beverage or other tax imposed or to be |
|
|
received by the municipality or county that created the venue |
|
|
district, as applicable, and not any tax of the venue district. |
|
|
(c) A venue district acting as an endorsing municipality or |
|
|
endorsing county may guarantee its obligations under a game or |
|
|
event support contract by pledging surcharges from user fees, |
|
|
including parking or ticket fees, charged in connection with the |
|
|
games, events or related activities. |
|
|
(d) Subject to subsection (b), a venue district acting under |
|
|
this section shall have all the powers of an endorsing municipality |
|
|
and endorsing county under Article 5190.14, Vernon's Texas Civil |
|
|
Statutes, and any action required under that Act to be taken by an |
|
|
endorsing municipality by ordinance or an endorsing county by order |
|
|
may be taken by order or resolution of the venue district." |
|
|
SECTION 2. This Act takes effect immediately if it receives |
|
|
a vote of two-thirds of all the members elected to each house, as |
|
|
provided by Section 39, Article III, Texas Constitution. If this |
|
|
Act does not receive the vote necessary for immediate effect, this |
|
|
Act takes effect September 1, 2015. |