493 chapters · 14,703 sections in this title.
Tex. Government Code § 480.0203 Reduction of Disbursement Amount
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Sec. 480.0203. REDUCTION OF DISBURSEMENT AMOUNT. (a) After the conclusion of an event, the office shall compare information on the actual attendance figures provided under Section 480.0251 with the estimated attendance numbers used to determine the incremental increase in tax rec…
Tex. Government Code § 480.0204 Allowable Expenses
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Sec. 480.0204. ALLOWABLE EXPENSES. (a) Money in the events trust fund may be used to: (1) pay the principal of and interest on notes issued under Section 480.0252; and (2) fulfill obligations of an endorsing municipality, an endorsing county, or this state to a site selection org…
Tex. Government Code § 480.0205 Limitation On Certain Disbursements
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Sec. 480.0205. LIMITATION ON CERTAIN DISBURSEMENTS. (a) A disbursement from the events trust fund is limited to five percent of the cost of a structural improvement or a fixture if: (1) an obligation is incurred under an event support contract to make the improvement or add the f…
Tex. Government Code § 480.0206 Prohibited Disbursements
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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) construc…