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Relating to the eligibility of the South by Southwest Conference
and Festivals for funding under the Major Events Reimbursement
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 this bill.
HB 2420 would qualify the South by Southwest Conference and Festivals for funding under the Major Events Reimbursement Program.
Texas Action is opposed to HB 2420 because it violates limited government and free market principles. This bill would add another event to the reimbursement program, through which it may receive public funds to subsidize events. A more limited government approach would be to eliminate the fund altogether and increase economic prosperity through lower spending and taxes, and less regulation.