LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 15, 2025 TO: Honorable Phil King, Chair, Senate Committee on Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB2004 by King (relating to the eligibility of the INDYCAR Grand Prix of Arlington for funding under the major events reimbursement program.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Government Code to include certain events as eligible for funding under the Major Events Reimbursement Program. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 300 Trusteed Programs Within the Office of the Governor LBB Staff: b > td > JMc, RStu, KCu
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 15, 2025
TO: Honorable Phil King, Chair, Senate Committee on Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB2004 by King (relating to the eligibility of the INDYCAR Grand Prix of Arlington for funding under the major events reimbursement program.), Committee Report 1st House, Substituted
TO: Honorable Phil King, Chair, Senate Committee on Economic Development
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB2004 by King (relating to the eligibility of the INDYCAR Grand Prix of Arlington for funding under the major events reimbursement program.), Committee Report 1st House, Substituted
Honorable Phil King, Chair, Senate Committee on Economic Development
Honorable Phil King, Chair, Senate Committee on Economic Development
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB2004 by King (relating to the eligibility of the INDYCAR Grand Prix of Arlington for funding under the major events reimbursement program.), Committee Report 1st House, Substituted
SB2004 by King (relating to the eligibility of the INDYCAR Grand Prix of Arlington for funding under the major events reimbursement program.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code to include certain events as eligible for funding under the Major Events Reimbursement Program. It is assumed that any costs associated with the bill could be absorbed using existing resources.
It is assumed that any costs associated with the bill could be absorbed using existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 300 Trusteed Programs Within the Office of the Governor
300 Trusteed Programs Within the Office of the Governor
LBB Staff: b > td > JMc, RStu, KCu
JMc, RStu, KCu