1 | 1 | | By: Hall S.B. No. 1156 |
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2 | 2 | | |
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3 | 3 | | |
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4 | 4 | | A BILL TO BE ENTITLED |
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5 | 5 | | AN ACT |
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6 | 6 | | relating to abolishing the Pan American Games trust fund, Olympic |
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7 | 7 | | Games trust fund, Major Events trust fund, Motor Sports Racing |
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8 | 8 | | trust fund, and Events trust fund. |
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9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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10 | 10 | | SECTION 1. Chapter 1507 (S.B. 456), Acts of the 76th |
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11 | 11 | | Legislature, Regular Session, 1999 (Article 5190.14, Vernon's |
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12 | 12 | | Texas Civil Statutes), is repealed. |
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13 | 13 | | SECTION 2. (a) On the effective date of this Act, each fund |
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14 | 14 | | established under Chapter 1507 (S.B. 456), Acts of the 76th |
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15 | 15 | | Legislature, Regular Session, 1999 (Article 5190.14, Vernon's |
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16 | 16 | | Texas Civil Statutes), is abolished. |
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17 | 17 | | (b) The applicable provisions of Chapter 1507 (S.B. 456), |
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18 | 18 | | Acts of the 76th Legislature, Regular Session, 1999 (Article |
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19 | 19 | | 5190.14, Vernon's Texas Civil Statutes), as that chapter existed |
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20 | 20 | | immediately before the effective date of this Act, including any |
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21 | 21 | | trust funds established under that chapter, remain in effect as |
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22 | 22 | | those provisions apply in relation to the particular games or |
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23 | 23 | | events described by this subsection until all money from the trust |
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24 | 24 | | funds for the particular games or events has been disbursed and all |
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25 | 25 | | obligations under those games support contracts or event support |
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26 | 26 | | contracts have been satisfied. This subsection applies only if, |
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27 | 27 | | before the effective date of this Act: |
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28 | 28 | | (1) pursuant to an application by a local organizing |
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29 | 29 | | committee, endorsing municipality, or endorsing county, a site |
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30 | 30 | | selection organization selects a site in this state for a |
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31 | 31 | | particular event to which Chapter 1507 applies; and |
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32 | 32 | | (2) one or more games support contracts or event |
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33 | 33 | | support contracts for the particular games or event have been |
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34 | 34 | | entered into. |
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35 | 35 | | SECTION 3. The repeal by this article of Chapter 1507 (S.B. |
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36 | 36 | | 456), Acts of the 76th Legislature, Regular Session, 1999 (Article |
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37 | 37 | | 5190.14, Vernon's Texas Civil Statutes), does not apply to an |
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38 | 38 | | offense committed under Chapter 1507 before September 1, 2015. An |
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39 | 39 | | offense committed before September 1, 2015, is governed by that |
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40 | 40 | | chapter as it existed on the date the offense was committed, and the |
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41 | 41 | | former law is continued in effect for that purpose. For purposes of |
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42 | 42 | | this section, an offense was committed before September 1, 2015, if |
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43 | 43 | | any element of the offense occurred before that date. |
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44 | 44 | | SECTION 4. This Act takes effect September 1, 2015. |
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