Section 477.0251. Limitation Amounts

TX Govt Code § 477.0251 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Text of section effective on April 01, 2021

Sec. 477.0251. LIMITATION AMOUNTS. The joint liability of this state and an endorsing municipality or endorsing county under a joinder agreement and any other games support contracts entered into under this subtitle may not exceed the lesser of:

(1) $100 million; or

(2) the total amount of revenue transferred or deposited to the trust fund and interest earned on the trust fund.

Added by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174), Sec. 1.01, eff. April 1, 2021.

No previous sections
No more sections