Section 479.0155. Remittance of Remaining Trust Fund Money

TX Govt Code § 479.0155 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Text of section effective on April 01, 2021

Sec. 479.0155. REMITTANCE OF REMAINING TRUST FUND MONEY. On payment of all municipal, county, or state obligations under a motor sports racing event support contract or event support contract related to the location of a motor sports racing event in this state, the office shall remit to each endorsing entity, in proportion to the amount contributed by the entity, any money remaining in the trust fund.

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