TX
Texas Senate Bill SB1431

Texas 2019 - 86th Regular

Texas Senate Bill SB1431

Caption

Relating to the eligibility of certain events to receive funding through the Major Events Reimbursement Program.

Impact

If enacted, SB 1431 would have a notable impact on economic development within Texas by potentially increasing state revenue through tourism and related economic activity. The focus on large, national-level events highlights Texas's strategy to position itself as a leader in hosting significant gatherings. However, the bill’s specificity regarding eligible events may lead to debates about inclusivity and the prioritization of certain types of activities over others, potentially raising concerns among stakeholders representing smaller events or local cultural celebrations that might miss out on funding opportunities.

Summary

Senate Bill 1431, filed by Senator Fallon, seeks to amend the eligibility criteria for events that can receive funding through the Major Events Reimbursement Program in Texas. This program is designed to incentivize the hosting of large-scale events that can boost the state’s economy through tourism and associated activities. The bill specifically identifies a variety of high-profile events eligible for funding, including the Super Bowl, NCAA tournaments, and major concerts, aiming to enhance Texas's reputation as a host for significant events. By clarifying eligibility, the bill aims to effectively attract and maintain these events within the state.

Sentiment

The general sentiment surrounding SB 1431 appears to be mostly supportive, especially among legislators and business groups that advocate for enhanced economic growth. However, there could be contention from advocacy groups that argue the bill prioritizes large commercial events at the expense of local events or smaller community affairs. Some critics might express concerns about the equitable distribution of public funds and whether the emphasis on certain events reflects a balanced approach to state financial investments.

Contention

Notable points of contention may arise regarding the specific events listed for funding eligibility. Some stakeholders might argue that this focus excludes a breadth of activities that contribute to local economies yet do not reach the scale of the events mentioned in the bill. Additionally, discussions may center around the effectiveness of such funding in achieving desired economic outcomes, as proponents push for the significance of attracting tourists while critics call for transparency and accountability in how taxpayer money is allocated.

Companion Bills

TX HB2402

Same As Relating to the eligibility of certain events to receive funding through the Major Events Reimbursement Program.

Previously Filed As

TX SB2325

Relating to the eligibility of certain 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 HB2231

Relating to the eligibility of certain 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 SB874

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

TX HB4264

Relating to the eligibility of the National Reined Cow Horse Association Championship Series 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 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

GA HR22

Atlanta Football Host Committee; hosting the 2025 College Football Playoff National Championship; commend

TX HB2402

Relating to the eligibility of certain events to receive funding through the Major Events Reimbursement Program.

GA SR11

Atlanta Football Host Committee for hosting the 2025 College Football Playoff National Championship; commend

MS SR5

Commend Brandon High School "Lady Bulldogs" Volleyball Team for winning 6A State Championship.

LA SB1

Provides relative to the definition of qualified event or qualified major event and site selection organizations for purposes of the Major Events Incentive Program. (gov sig) (EN SEE FISC NOTE GF RV See Note)

TX HB156

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

LA HB463

Provides relative to the definition of "qualified event" or "qualified major event" as used in the Major Events Incentive Program

TX HB193

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