Texas § GV.478.0205 - LIMITATION ON CERTAIN DISBURSEMENTS
Full text of Texas The Texas Constitution § GV.478.0205 — LIMITATION ON CERTAIN DISBURSEMENTS, with citation guidance and answers to common questions.
§ GV.478.0205. LIMITATION ON CERTAIN DISBURSEMENTS
LIMITATION ON CERTAIN DISBURSEMENTS. (a) A disbursement from the fund is limited to five percent of the cost of a structural improvement or a fixture if: (1) an obligation is incurred under a games support contract or event support contract to make the improvement or add the fixture to a site for an event; and (2) the improvement or fixture is expected to derive most of its value in subsequent uses of the site for future events. (b) The remainder of an obligation described by Subsection (a) is not eligible for a disbursement from the fund, unless the obligation is for an improvement or fixture for a publicly owned facility. Added by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174 ), Sec. 1.01, eff. April 1, 2021.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.478.0205
What does The Texas Constitution § GV.478.0205 cover?
Section GV.478.0205 ("LIMITATION ON CERTAIN DISBURSEMENTS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.478.0205?
A common citation format is "The Texas Constitution § GV.478.0205" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.478.0205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.