Tex. Gov't Code § 475.0054

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 475.0054 - Prerequisite for Execution of Games Support Contract

The office may agree to execute a games support contract only if:

(1) the office determines that:

(A) this state's assurances and obligations under the contract are reasonable; and

(B) any financial commitment of this state will be satisfied exclusively by recourse to the Pan American Games trust fund or the Olympic Games trust fund, as applicable; and

(2) the endorsing municipality or endorsing county has executed an agreement with a site selection organization that contains substantially similar terms.

Tex. Gov't. Code § 475.0054

Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. TBD,Sec. 1.01, eff. 4/1/2021.