Issue Date: 2003-09-01
Revised Date: 2019-09-01

Legal Cites


2003 by S.B. 275 and H.B. 3318, 78th Leg., R.S.


If a site is selected in this state, to retain a portion of state and local sales, hotel and mixed beverage taxes in an amount of estimated incremental increases for a one-year period directly attributable, as determined by the comptroller, to the presentation of an event and related events.

Specific types of events are listed under Government Code Sec. 478.0001 and include: professional and collegiate championship sporting events, Olympic games, automobile races, music awards, and political conventions.  

Fund may also receive pledged surcharges and user fee revenue charged in connection with the event by the local government. Used to fulfill obligations of the state and/or endorsing municipality or county to a site selection organization under an event support contract.


Classification Group 13: Local Trust [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure.

Administering Agencies


Fund originally set to expire 1-1-07,  H.B. 1528, 79th Leg., R.S. repealed the expiration date. Game definition amended by S.B. 1038, 79th Leg., R.S. 

Name changed (from Other Events Trust Fund) and amended by S.B. 1515, 81st Leg., R.S.;

Additional events added by S.B. 309, 82nd Leg., R.S.

Additional events added by S.B. 398 and S.B. 1678, 83rd Leg., R.S.

H.B. 26, 84th Leg., R.S. changed name from Major Events Trust Fund to Major Events Reimbursement Program Fund. S.B. 633 moved program from Comptroller's Office (902) to Governor's Office, Economic Development and Tourism Division (300).

Codified from Vernon's Civil Statues art. 5190.14 to Government Code Ch. 478 by H.B. 4174, 86th Leg., R.S.

USAS Values

Consolidated Fund
State Fund Group 13 - LOCAL TRUST
USAS Status A
Funds held outside the state treasury in a trustee capacity for individuals, private organizations or other governmental entities. Includes assets belonging to individuals and other entities held temporarily in a custodial capacity.