| (a) Disbursements from the trust fund established for
the event shall be issued by the Office to reimburse only allowable
direct costs that are directly attributable to the preparation or
presentation of the approved event related to:
(1) preparing for and conducting an event in this state
in accordance with the event support contract;
(2) the construction, improvement, or renovation of
facilities to the extent authorized by law that are directly attributable
to fulfilling obligations of the event support contract and that are
reasonably necessary (or desirable, as authorized by Texas Revised
Civil Statutes, Article 5190.14, Section 5A(h) or 5B(h)) for the conduct
of the event as required by the site selection organization; or
(3) paying the principal of and interest on notes issued
by an endorsing municipality or endorsing county under Texas Revised
Civil Statutes, Article 5190.14, Section 5A(g), 5B(g) or 5C(g) as
applicable.
(b) Disbursements from the trust fund may not be used
to make payments to an applicant or any other entity that are not
directly attributable to allowable costs as set forth in §184.44
(Allowable Costs). Disbursements are subject to verification or audit
prior to or after payment by the Office to ensure compliance.
(c) The Office may issue guidance to establish, interpret,
or clarify requirements for the disbursement requests for trust fund
programs. Compliance with any such guidance shall be required by the
applicant. Any such guidance must be consistent with all applicable
statutes and this chapter.
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