SECTION 184.2. Purpose

(a) The purpose of the Major Events Reimbursement Program is to reimburse local governments and local organizing committees for certain eligible costs associated with conducting major events specifically referenced in Texas Revised Civil Statutes, Article 5190.14, Section 5A, provided that all statutory and administrative requirements are satisfied.

(b) The purpose of the Events Trust Fund Program is to reimburse local governments and local organizing committees for certain eligible costs associated with conducting eligible events under Texas Revised Civil Statutes, Article 5190.14, Section 5C, provided that all statutory and administrative requirements are satisfied.

(c) The purpose of the Motor Sports Racing Trust Fund Program is to reimburse local governments and local organizing committees for certain eligible costs associated with conducting specific motor sports racing events under Texas Revised Civil Statutes, Article 5190.14, Section 5B, provided that the event is sanctioned by the Automobile Competition Committee for the United States, held at a temporary event venue, and that all statutory and administrative requirements are satisfied.

Source Note: The provisions of this §184.2 adopted to be effective January 1, 2017, 41 TexReg 10263