HB3349 - Relating to the events trust fund and to abolishing the Pan American Games trust fund, Olympic Games trust fund, and motor sports racing trust fund.

  89R24238 BEE-F     By: Tepper, Morales of Maverick H.B. No. 3349       A BILL TO BE ENTITLED   AN ACT   relating to the events trust fund and to abolishing the Pan American   Games trust fund, Olympic Games trust fund, and motor sports racing   trust fund.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Sections 475.0001(1), (2), (3), (4), and (10),   Government Code, are amended to read as follows:                (1)  "Endorsing county" means an endorsing county for   purposes of Chapter [ 477, ] 478[ , 479, ] or 480.                (2)  "Endorsing municipality" means an endorsing   municipality for purposes of Chapter [ 476, 477, ] 478[ , 479, ] or   480.                (3)  "Event" means a game or an event as defined by   Chapter 478[ , 479, ] or 480.                (4)  "Games" means any of the following and includes   the events and activities related to the following:                      (A)  the College Football Playoff games;                      (B)  the Major League Baseball All-Star Game;                      (C)  the National Basketball Association All-Star   Game;                      (D)  the National Collegiate Athletic Association   Final Four;                      (E)  the National Hockey League All-Star Game;                      (F)  [ the Olympic Games;                      [ (G)  the Pan American Games;                      [ (H) ]  the Super Bowl;                       (G)  [ (I) ]  the World Cup Soccer Games; or                       (H)  [ (J) ]  the World Games.                (10)  "Site selection organization" means a site   selection organization as defined by Chapters [ 477, ] 478[ , ] and   480.          SECTION 2.  Section 475.0051, Government Code, is amended to   read as follows:          Sec. 475.0051.  APPLICABILITY OF SUBCHAPTER. This   subchapter does not apply to or otherwise affect an event support   contract under Chapter 478[ , 479, ] or 480 to which the office is not   a party.          SECTION 3.  Section 475.0054, Government Code, is amended to   read as follows:          Sec. 475.0054.  PREREQUISITE FOR EXECUTION OF GAMES SUPPORT   CONTRACT. The office may agree to execute a games support contract   only if:                (1)  the office determines that[ :                      [ (A) ]  this state's assurances and obligations   under the contract are reasonable; and                      [ (B)     any financial commitment of this state will   be satisfied exclusively by recourse to the Pan American Games   trust fund or the Olympic Games trust fund, as applicable; and ]                (2)  the endorsing municipality or endorsing county has   executed an agreement with a site selection organization that   contains substantially similar terms.          SECTION 4.  Section 475.0103(a), Government Code, is amended   to read as follows:          (a)  A local organizing committee that submits a request   under Section 475.0052 must:                (1)  affirm as a part of that request that the committee   is in full compliance with the ethical guidelines provided by all   contracts entered into and rules adopted by the site selection   organization, including the organization's requirements regarding   disclosure of any financial interest a director, officer, or   senior-level employee of the committee has in any proposed   transaction with the committee; and                (2)  not later than the 15th day of the first month   following each calendar quarter, file with the secretary of the   endorsing municipality for which the committee submits a request:                      (A)  a certification that the committee continues   to comply with the ethical guidelines described by Subdivision (1);   and                      (B)  a report of contributions to and expenditures   by the committee, in the manner described by Subsection (b)[ ; and                [ (3)     file with the secretary of the endorsing   municipality on April 15 of each year a copy of each financial   statement a committee or a member of a committee is required to   submit to the United States Olympic Committee during the preceding   calendar year ].          SECTION 5.  Section 480.0051, Government Code, is amended to   read as follows:          Sec. 480.0051.  EVENTS ELIGIBLE FOR FUNDING. (a) Except as   provided by Subsection (b), an [ An ] event is eligible for funding   under this chapter 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; and                (3)  the event is held not more than one time in any   year in this state or an adjoining state.           (b)     Notwithstanding Subsection (a)(1), a site selection   committee for an event to be held primarily in a county or   municipality with a population of less than 500,000 is not required   to consider a site outside of this state if the estimated attendance   at the event is a number equal to at least 25 percent of the   applicable county's or municipality's population.          SECTION 6.  Section 480.00515, Government Code, is amended   to read as follows:          Sec. 480.00515.  SINGLE YEAR CLASSIFICATION FOR ELIGIBILITY   PURPOSES FOR CERTAIN SPORTING EVENTS. For purposes of Sections   480.0051(a)(1) [ 480.0051(1) ] and (3), a sporting event is   considered to be held one time in each year if the event is held only   one time in any annual season for that sport.          SECTION 7.  Section 480.0052(b), Government Code, is amended   to read as follows:          (b)   An [ Subject to Subsection (c), an ] endorsing   municipality or endorsing county with a population of more than   500,000 may during any 12-month period receive [ submit requests   for ] funding under this chapter for not more than 10 events to which   this section applies.          SECTION 8.  Subchapter B, Chapter 480, Government Code, is   amended by adding Section 480.0053 to read as follows:           Sec.   480.0053.     TIME FOR REQUEST SUBMISSION. A municipality   or county must submit a request to the office not later than the   90th day before the date the event begins.          SECTION 9.  Section 480.0103, Government Code, is amended to   read as follows:          Sec. 480.0103.  TIME FOR DETERMINATION. The office shall   determine the incremental increase in tax receipts under Section   480.0102 not later than the earlier of:                (1)  the 30th day after the date the office receives the   information for an event submitted by a local organizing committee,   endorsing municipality, or endorsing county on which the office   bases the determination as provided by Section 480.0102(b); and                (2)   the 60th day [ three months ] before the date [ of ]   the event begins .          SECTION 10.  Section 480.0105(a), Government Code, is   amended to read as follows:          (a)  Not later than two [ three ] months before the date [ of ]   an event begins , the office shall provide an estimate of the total   amount of tax revenue that would be transferred or deposited to the   events trust fund under this chapter in connection with that event   if the event were held in this state at a site selected in   accordance with an application by a local organizing committee,   endorsing municipality, or endorsing county.          SECTION 11.  Section 480.0153, Government Code, is amended   to read as follows:          Sec. 480.0153.  [ OTHER ] LOCAL MONEY.  (a)   An [ In lieu of the   municipal and county tax revenues remitted or retained under   Section 480.0152, an ] endorsing municipality or endorsing county   shall [ may ] remit to the office for deposit to the events trust fund   [ other ] local money in an amount equal to the total amount of   municipal and county tax revenue determined under Sections   480.0102(a)(2)-(5).          (b)  An endorsing municipality or endorsing county must   remit the [ other ] local money described by Subsection (a) not later   than the 90th day after the last day of an event.          [ (c)     For purposes of Section 480.0155, the amount deposited   under this section is considered remitted municipal and county tax   revenue. ]          SECTION 12.  Section 480.0155, Government Code, is amended   by amending Subsection (a) and adding Subsection (a-1) to read as   follows:          (a)  The comptroller, at the direction of the office, shall   transfer to the events trust fund a portion of the state tax revenue   in an amount equal to the multiplier provided by Subsection (a-1)   [ 6.25 ] multiplied by the amount of the municipal and county local   money [ tax revenue retained or ] remitted under this chapter,   including:                (1)  local sales and use tax revenue;                (2)  mixed beverage tax revenue;                (3)  hotel occupancy tax revenue; and                (4)  surcharge and user fee revenue [Text truncated for display. 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