Sec. 480.0206. PROHIBITED DISBURSEMENTS. (a) Subject to Subsection (b), the office may not make a disbursement from the events trust fund that the office determines would be used to:
(1) solicit the relocation of a professional sports franchise located in this state;
(2) construct an arena, stadium, or convention center; or
(3) conduct usual and customary maintenance of a facility.
(b) Subsection (a) does not prohibit a disbursement from the events trust fund for the construction of temporary structures within an arena, stadium, or convention center that are necessary for the conduct of an event or temporary maintenance of a facility that is necessary for the preparation for or conduct of an 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 E. Disbursements From Fund
Section 480.0201. Disbursement Without Appropriation
Section 480.0202. Disbursement From Fund
Section 480.0203. Reduction of Disbursement Amount
Section 480.0204. Allowable Expenses
Section 480.0205. Limitation on Certain Disbursements