Tex. Gov't Code Section 475.0054
Prerequisite for Execution of Games Support Contract

The office may agree to execute a games support contract only if:

(1)

the office determines that:

(A)

this state’s assurances and obligations under the contract are reasonable; and

(B)

any financial commitment of this state will be satisfied exclusively by recourse to the Pan American Games trust fund or the Olympic Games trust fund, as applicable; and

(2)

the endorsing municipality or endorsing county has executed an agreement with a site selection organization that contains substantially similar terms.
Added by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174), Sec. 1.01, eff. April 1, 2021.

Source: Section 475.0054 — Prerequisite for Execution of Games Support Contract, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­475.­htm#475.­0054 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 475.0054’s source at texas​.gov