By: Nelson S.B. No. 293

(In the Senate - Filed January 9, 2015; January 28, 2015, read first time and referred to Committee on Natural Resources and Economic Development; March 2, 2015, reported adversely, with favorable Committee Substitute by the following vote: Yeas 9, Nays 1; March 2, 2015, sent to printer.) Click here to see the committee vote

COMMITTEE SUBSTITUTE FOR S.B. No. 293 By: Fraser

A BILL TO BE ENTITLED

AN ACT

relating to a clarification of the law governing eligibility of certain events for funding under the Major Events trust fund.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 5A(a)(5), Chapter 1507 (S.B. 456), Acts of the 76th Legislature, Regular Session, 1999 (Article 5190.14, Vernon's Texas Civil Statutes), is amended to read as follows:

(5) "Site selection organization" means:

(A) the National Football League, the National Collegiate Athletic Association, the National Basketball Association, ESPN or an affiliate, the National Hockey League, Major League Baseball, the Federation Internationale de Football Association (FIFA), the International World Games Association, the National Association for Stock Car Auto Racing (NASCAR), or the United States Olympic Committee;

(B) the national governing body of a sport that is recognized by the United States Olympic Committee, the National Thoroughbred Racing Association, Formula One Management Limited, or the Federation Internationale de l'Automobile;

(C) the Academy of Country Music;

(D) the National Cutting Horse Association; [or]

(E) the Republican National Committee or the Democratic National Committee; or

(F) the Ultimate Fighting Championship.

SECTION 2. The amendment made by this Act to Section 5A(a)(5), Chapter 1507 (S.B. 456), Acts of the 76th Legislature, Regular Session, 1999 (Article 5190.14, Vernon's Texas Civil Statutes), is intended only to clarify existing law on the eligibility of certain events to receive funding from the Major Events trust fund. Each event held on or after the effective date of that Act and the event's eligibility to receive funding from the Major Events trust fund are governed by the law as clarified by this Act.

SECTION 3. 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.

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