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A BILL TO BE ENTITLED
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AN ACT
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relating to a clarification of the law governing eligibility of |
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National Association for Stock Car Auto Racing events for funding |
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under the Major 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 5A(a)(5), Chapter 1507 (S.B. 456), Acts |
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of the 76th Legislature, Regular Session, 1999 (Article 5190.14, |
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Vernon's Texas Civil Statutes), is amended to read as follows: |
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(5) "Site selection organization" means: |
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(A) the National Football League, the National |
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Collegiate Athletic Association, the National Basketball |
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Association, the National Hockey League, Major League Baseball, the |
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Federation Internationale de Football Association (FIFA), the |
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International World Games Association, the National Association |
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for Stock Car Auto Racing (NASCAR), or the United States Olympic |
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Committee; |
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(B) the national governing body of a sport that |
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is recognized by the United States Olympic Committee, the National |
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Thoroughbred Racing Association, Formula One Management Limited, |
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or the Federation Internationale de l'Automobile; |
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(C) the Academy of Country Music; |
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(D) the National Cutting Horse Association; or |
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(E) the Republican National Committee or the |
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Democratic National Committee. |
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SECTION 2. The amendment made by this Act to Section |
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5A(a)(5), Chapter 1507 (S.B. 456), Acts of the 76th Legislature, |
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Regular Session, 1999 (Article 5190.14, Vernon's Texas Civil |
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Statutes), is intended only to clarify existing law on the |
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eligibility of certain events to receive funding from the Major |
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Events trust fund. Each event held on or after the effective date |
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of that Act and the event's eligibility to receive funding from the |
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Major Events trust fund are governed by the law as clarified by this |
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Act. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2015. |