| (a) An event is eligible for participation in the Events
Trust Fund Program only if:
(1) a site selection organization selects a site in
Texas through a highly competitive process after considering one or
more sites that are not located in this state, for the event to be
held one time or, for an event scheduled to be held each year for
a period of years under an event support contract, one time each year
for the period of years;
(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 that is held not more than one time in
this state or an adjoining state in any year.
(b) During any state fiscal year (September 1 - August
31), an applicant may not submit more than 10 events, only three of
which may be nonsporting events, for reimbursement under the Events
Trust Fund Program for which the Office determines that the amount
of the incremental increase in tax receipts is less than $200,000.
A sporting event is an event whose primary purpose, as determined
by the Office, is the conduct of recreational or competitive athletic
or physical activities, including individual, team, equestrian, or
automotive competitions.
(c) An applicant cannot receive disbursements for the
same event under both the Major Events Reimbursement Program and the
Events Trust Fund Program. Nothing contained herein prohibits the
submission of an application for the Events Trust Fund Program for
events that are ineligible as a matter of law for participation in
the Major Events Reimbursement Program.
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