Sec. 480.0104. DESIGNATION OF MARKET AREA. (a) For purposes of Section 480.0102(a)(1), the office shall designate as a market area for an event each area in which the office determines there is a reasonable likelihood of measurable economic impact directly attributable to the preparation for and presentation of the event. The office shall include areas likely to provide venues, accommodations, and services in connection with the event based on the proposal the local organizing committee provides to the office.
(b) The office shall determine the geographic boundaries of each market area.
(c) An endorsing municipality or endorsing county selected as the site for the event must be included in a market area for the event.
Added by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174), Sec. 1.01, eff. April 1, 2021.
Structure Texas Statutes
Subtitle E-1 - Event Reimbursement Programs
Chapter 480 - Events Trust Fund
Subchapter C. State Actions Relating to Events
Section 480.0101. Prerequisites for Office Action
Section 480.0102. Determination of Incremental Increase in Certain Tax Receipts
Section 480.0103. Time for Determination
Section 480.0104. Designation of Market Area