By: Nelson, et al. S.B. No. 293
(Isaac)
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.