89R20237 PRL-D     By: Spiller H.B. No. 5088     Substitute the following for H.B. No. 5088:     By:  Metcalf C.S.H.B. No. 5088       A BILL TO BE ENTITLED   AN ACT   relating to the major events reimbursement program and the events   trust fund.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Sections 478.0107(a) and (b), Government Code,   are amended to read as follows:          (a)  Not later than the 10th month after the last day of an   event eligible for disbursements from the fund, using existing   resources, the local organizing committee, endorsing municipality,   or endorsing county [office] shall complete a study in the market   area of the event on the measurable economic impact directly   attributable to the preparation for and presentation of the event.          (b)  The local organizing committee, endorsing municipality,   or endorsing county [office] shall post on the committee's,   municipality's, or county's [office's] Internet website:                (1)  the results of the study conducted under   Subsection (a), including any source documentation or other   information on which the committee, municipality, or county   [office] relied for the study;                (2)  the incremental increase in tax receipts for the   event determined under Section 478.0102 and any source   documentation or information described by Section 478.0251 on which   the office relied to determine that increase;                (3)  the documentation described by Section   478.0101(3); and                (4)  documentation verifying that:                      (A)  a request submitted under Section 478.0101 is   complete and certified as complete by the office;                      (B)  the office considered the information   submitted by a local organizing committee, endorsing municipality,   or endorsing county to determine the incremental increase in tax   receipts under Section 478.0102 as required by Section 478.0102(b);   and                      (C)  each deadline established under this chapter   was met.          SECTION 2.  Section 480.0153, Government Code, is amended to   read as follows:          Sec. 480.0153.  OTHER LOCAL MONEY. (a)  An  [In lieu of the   municipal and county tax revenues remitted or retained under   Section 480.0152, an] endorsing municipality or endorsing county   shall [may] remit to the office for deposit to the events trust fund   other local money in an amount equal to the total amount of   municipal and county tax revenue determined under Sections   480.0102(a)(2)-(5).          (b)  An endorsing municipality or endorsing county must   remit the [other] local money not later than the 90th day after the   last day of an event.          [(c)  For purposes of Section 480.0155, the amount deposited   under this section is considered remitted municipal and county tax   revenue.]          SECTION 3.  Section 480.0155(a), Government Code, is amended   to read as follows:          (a)  The comptroller, at the direction of the office, shall   transfer to the events trust fund a portion of the state tax revenue   in an amount equal to 6.25 multiplied by the amount of the municipal   and county tax revenue [retained or] remitted under this chapter,   including:                (1)  local sales and use tax revenue;                (2)  mixed beverage tax revenue;                (3)  hotel occupancy tax revenue; and                (4)  surcharge and user fee revenue.          SECTION 4.  Section 480.0253, Government Code, is amended to   read as follows:          Sec. 480.0253.  PLEDGE OF SURCHARGES TO GUARANTEE   OBLIGATIONS.  An endorsing municipality or endorsing county may   guarantee its obligations under an event support contract and this   chapter by pledging, in addition to the local money [tax revenue]   deposited under Section 480.0153 [480.0152], surcharges from user   fees charged in connection with the event, including parking or   ticket fees.          SECTION 5.  Section 480.0152, Government Code, is repealed.          SECTION 6.  This Act takes effect September 1, 2025.