Texas § GV.478.0051 - EVENTS ELIGIBLE FOR FUNDING

§ GV.478.0051. EVENTS ELIGIBLE FOR FUNDING

EVENTS ELIGIBLE FOR FUNDING. (a) Only an event listed in Section 478.0001 (3) is eligible for funding under this chapter. (b) A listed event may receive funding through the program only if: (1) a site selection organization, after considering through a highly competitive selection process one or more sites not in this state, selects a site in this state for the event to be held: (A) one time; or (B) if the event is scheduled under an event contract or event support contract to be held each year for a period of years, one time in each year; (2) a site selection organization selects a site in this state as: (A) the sole site for the event; or (B) the sole site for the event in a region composed of this state and one or more adjoining states; (3) the event is held not more than one time in any year; (4) the incremental increase in tax receipts determined under Section 478.0102 is at least $1 million; and (5) not later than the 30th day before the first day of the event, a site selection organization submits a plan to prevent the trafficking of persons in connection with the event to: (A) the office of the attorney general; and (B) the chief of the Texas Division of Emergency Management. (c) Notwithstanding Subsection (b), an event described by Section 478.0001 (3)(GG) may receive funding through the program if a portion of the event is held at one or more sites located in another state or country. (d) Notwithstanding Subsection (b), an event described by Section 478.0001 (3)(M-1) may receive funding through the program if a site selection organization selects a site in this state as the sole site for the event without considering through a highly competitive process one or more sites not in this state. This subsection expires September 1, 2030. Added by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174 ), Sec. 1.01, eff. April 1, 2021. Amended by: Acts 2023, 88th Leg., R.S., Ch. 974 (S.B. 2325 ), Sec. 3, eff. September 1, 2023. Acts 2025, 89th Leg., R.S., Ch. 193 (S.B. 2004 ), Sec. 2, eff. September 1, 2025.