Texas 2017 - 85th Regular

Texas Senate Bill SB2000

Caption

Relating to the Major Events Reimbursement Program.

Impact

If enacted, SB2000 will have considerable implications for state laws concerning the funding and support of major events. The bill is intended to enhance the current reimbursement framework, providing financial assistance to local governments and organizations that host qualifying events. This move aims to attract more major events to the state, potentially leading to a boost in local economies through increased tourism, hospitality spending, and overall economic development.

Summary

SB2000, entitled 'Relating to the Major Events Reimbursement Program,' seeks to amend the existing program that provides financial incentives to entities that host major events in Texas. The bill defines 'events' to encompass a wide range of significant activities, including various championship games, world-class sports competitions, and national political conventions, as well as events with a substantial seating capacity. The legislation aims to bolster Texas's reputation as a destination for high-profile events that draw significant tourism and economic opportunities.

Contention

Debate surrounding SB2000 may arise regarding the allocation of state funds and the potential for unequal economic benefits across different regions in Texas. Critics might argue that prioritizing state funds for big events could detract from local community needs or smaller events that also contribute to cultural and economic vitality. Proponents, on the other hand, are likely to contend that the visibility and revenue generated by hosting such events can ultimately benefit the broader community, reinforcing Texas's status as a leader in hosting major sports and entertainment gatherings.

Companion Bills

No companion bills found.

Previously Filed As

TX SB2325

Relating to the eligibility of certain events for funding under the Major Events Reimbursement Program.

TX SB874

Relating to the eligibility of certain cricket events for funding under the major events reimbursement program.

TX HB4805

Relating to the eligibility of certain cricket events for funding under the major events reimbursement program.

TX SB1118

Relating to the eligibility of certain events for funding under the major events reimbursement program.

TX HB2231

Relating to the eligibility of certain events for funding under the major events reimbursement program.

TX HB1950

Relating to the major events reimbursement program, including event funding eligibility, site selection organizations, and single event and single year classifications.

TX HB4264

Relating to the eligibility of the National Reined Cow Horse Association Championship Series for funding under the major events reimbursement program.

TX HB4419

Relating to the promotion of film and television production in this state, including the eligibility of film or television productions for funding under the major events reimbursement program, the creation of a film events trust fund and a film production tax rebate trust fund, the establishment of virtual film production institutes, and the designation of media production development zones.

TX HB4595

Relating to nonsubstantive additions to, revisions of, and corrections in enacted codes and to the nonsubstantive codification or disposition of various laws omitted from enacted codes.

TX SB1158

Relating to single event classification for eligibility under the major events reimbursement program.

Similar Bills

No similar bills found.