3. SB 293 3rd Reading

Passage; March 30, 2015; RV #101; Journal Page 1060; 114 Yeas, 27 Nays, 2 Present-not-voting

YCT Nay. This bill would have added ESPN, UFC, and NASCAR to the list of those that would qualify for funding from the Major Events Trust Fund. YCT believes that the Texas economy is strong enough, on its own merit, to attract event venues. YCT does not support ‘slush’ funds. Furthermore, certain locations in the state should not benefit more than other locations simply based on the availability of the fund itself. During the legislative session there appeared to be a question concerning the potential retroactivity of the bill which would have made it unconstitutional.