The following words and terms, when used in this chapter, shall
have the following meanings, unless the context clearly indicates
otherwise:
(1) Applicant--An endorsing county, endorsing municipality,
or local organizing committee that is eligible to participate in the
Major Events Reimbursement Program, Events Trust Fund Program, or
Motor Sports Racing Trust Fund Program. The term includes one or more
endorsing counties and/or endorsing municipalities acting collectively
or in conjunction with a local organizing committee. The term may
also include a local government corporation that meets the requirements
of Texas Revised Civil Statutes, Article 5190.14, Section 12.
(2) Day--As used in this chapter, all references to
"day" mean a calendar day.
(3) Direct cost--Any cost that is directly attributable
to the preparation or presentation of an event. The term does not
include:
(A) any indirect, administrative, or overhead cost;
(B) any cost that is recouped or refunded by other
parties or from event related revenue relating to the same expense
or obligation; or
(C) any cost that is not directly attributable to an
event.
(4) Estimate--The Office's determination of the amount
of incremental increase in tax receipts that are directly attributable
to the preparation or presentation of an event eligible to be deposited
in the trust fund for an eligible event.
(5) Event support contract--A contract by and between
a site selection organization and a local organizing committee, an
endorsing municipality, or an endorsing county setting out the representations
and assurances of the parties with respect to the selection of a site
in this state for the location of an event, and the requirements and
costs necessary (or desirable, as authorized by Texas Revised Civil
Statutes, Article 5190.14, Section 5A(h) or 5B(h)) for the preparation
or presentation of an event. The term includes a joinder agreement
or joinder undertaking as defined by Texas Revised Civil Statutes,
Article 5190.14. The term does not include a request for bid, request
for proposal, bid response, or a selection letter from a site selection
organization except as those documents may be incorporated by reference
into the event support contract.
(6) Events Trust Fund--The fund established by the
Office for the event pursuant to Texas Revised Civil Statutes, Article
5190.14, Section 5C(d).
(7) Highly competitive selection process--A process
in which the site selection organization has considered sites for
the event outside of Texas on a competitive basis and intends to do
so in the future.
(8) Host fee or sanction fee--A cost charged by a site
selection organization under an event support contract for the cost
of hosting or authorizing the event.
(9) Internal billing--Costs incurred under an event
support contract by a local organizing committee, an endorsing municipality,
or an endorsing county for the costs of services or facilities provided
for the event by an endorsing municipality or endorsing county, including,
but not limited to, facility rentals and charges for police, fire,
or emergency medical services.
(10) Local organizing committee--A nonprofit corporation
or its successor in interest that:
(A) has been authorized by an endorsing municipality,
endorsing county, or more than one endorsing municipality or county
acting collectively to pursue an application and bid with a site selection
organization for selection as the site of an event; or
(B) with the authorization of an endorsing municipality,
endorsing county, or more than one endorsing municipality or county
acting collectively, has executed an agreement with a site selection
organization regarding a bid to host an event.
(11) Local share--The contribution to the fund made
by or on behalf of an endorsing municipality or endorsing county pursuant
to Texas Revised Civil Statutes, Article 5191.14, Section 5A(d), 5A(d-1),
5B(d), 5C(d), or 5C(d-1).
(12) Major Events Reimbursement Program Trust Fund--
The trust fund established by the Office for the event pursuant to
Texas Revised Civil Statutes, Article 5190.14, Section 5A(d).
(13) Market area--The geographic area within which
the Office determines there is a reasonable likelihood of measurable
economic impact directly attributable to the preparation for or presentation
of the event and related activities.
(14) Motor Sports Racing Trust Fund-- The fund established
by the Office for the event pursuant to Texas Revised Civil Statutes,
Article 5190.14, Section 5B(d).
(15) Office--The Economic Development and Tourism Office
within the Office of the Governor.
(16) Professional services--The services of a licensed
accountant, architect, attorney, professional engineer, landscape
architect, land surveyor, physician, nurse, or real estate appraiser.
The term does not include the services of other types of licensed
professionals unless otherwise determined by the Office to be reasonably
necessary (or desirable, as authorized by Texas Revised Civil Statutes,
Article 5190.14, Section 5A(h) or 5B(h)) for the preparation or presentation
of an approved event.
(17) Proof of payment--An official banking statement,
check copy, credit card receipt, or other document required by the
Office to support or document a requested disbursement from the trust
fund that reflects the transmission, transfer, or payment of funds
related to an event, which may be redacted of information related
to transactions and balances not pertaining to the event.
(18) Publicly owned property-- Any property that is
owned by a governmental unit as defined by Texas Civil Practices and
Remedies Code, Section 101.001(3).
(19) Travel--Includes lodging, mileage, rental car
expense, airfare, toll fares, parking and meals that are incurred
while a person travels.
(20) Trust fund--The fund created by the Texas Comptroller
of Public Accounts, at the direction of the Office, and designated
as either the Major Events Reimbursement Program Fund, Events Trust
Fund, or Motor Sports Racing Trust Fund for the event.
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