Bill: SB 1431, 86(R) - 2019

Committee

Senate Natural Resources & Economic Development

Companion Bill

HB 2402

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
No Neutral Neutral Neutral Negative Neutral

Author(s)

Pat Fallon

Bill Caption

Relating to the eligibility of certain events to receive funding through the Major Events Reimbursement Program.

Fiscal Notes

The fiscal implications of the bill cannot be determined at this time. The fiscal impact would depend on the number and size of events covered under the bill. 

Bill Analysis

SB 1431 would add eligibility to receive funding from the Major Events Reimbursement Program to Nation Reined Cow Horse Association Championship Series. This program assists Texas communities with paying costs related to preparing for or conducting an event by depositing projected gains in various local and state taxes generated from the event in a dedicated event-specific trust fund to cover allowable expenses.

Vote Recommendation Notes

These sporting competitions existed before the state started subsidizing them, and will continue to do so. Not only do state subsidies benefit one group at the expense of taxpayers, they incentivize waste and more spending. On the principle of limited government, we oppose SB 1431. 


Source URL (retrieved on 03/29/2024 01:03 AM): http://reports.texasaction.com/bill/86r/sb1431?print_view=true