Tex. Gov't Code § 479.0152

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 479.0152 - Disbursement From Trust Fund
(a) After approval of each contributing endorsing municipality and endorsing county, the office may make a disbursement from the trust fund for a purpose for which an endorsing municipality, an endorsing county, or this state is obligated under a motor sports racing event support contract or event support contract.
(b) If the office makes a disbursement from the trust fund, the office shall satisfy the obligation proportionately from the municipal, county, and state revenue in the trust fund.

Tex. Gov't. Code § 479.0152

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