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1 | 1 | 86R1314 TSR-D | |
2 | 2 | By: Sanford H.B. No. 1129 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to prohibiting the use of money in the Texas economic | |
8 | 8 | development fund or the Texas Enterprise Fund to finance a facility | |
9 | 9 | or establishment at which gambling is to be conducted. | |
10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
11 | 11 | SECTION 1. Section 12.0273, Agriculture Code, is amended by | |
12 | 12 | adding Subsection (a-1) to read as follows: | |
13 | 13 | (a-1) Money in the fund may not be used to finance a facility | |
14 | 14 | or establishment at which gambling is to be conducted. The term | |
15 | 15 | "gambling" includes playing bingo for a prize and wagering on | |
16 | 16 | greyhound or horse races. | |
17 | 17 | SECTION 2. Section 481.078, Government Code, is amended by | |
18 | 18 | adding Subsection (e-2) to read as follows: | |
19 | 19 | (e-2) The governor may not award a grant to an entity to | |
20 | 20 | finance a facility or establishment at which gambling is to be | |
21 | 21 | conducted. The term "gambling" includes playing bingo for a prize | |
22 | 22 | and wagering on greyhound or horse races. | |
23 | 23 | SECTION 3. The changes in law made by this Act apply only to | |
24 | 24 | a loan or grant made on or after the effective date of this Act. A | |
25 | 25 | loan or grant made before the effective date of this Act is governed | |
26 | 26 | by the law in effect on the date the loan or grant was made, and the | |
27 | 27 | former law is continued in effect for that purpose. | |
28 | 28 | SECTION 4. This Act takes effect September 1, 2019. |