Texas Administrative Code › Title 10 - COMMUNITY DEVELOPMENT › Part 5 - OFFICE OF THE GOVERNOR, ECONOMIC DEVELOPMENT AND TOURISM OFFICE › Chapter 184 - SPORTS AND EVENTS TRUST FUND › Subchapter C - EVENTS TRUST FUND PROGRAM DEFINITIONS, ELIGIBILITY, PARTICIPATION AND DEADLINES › Section 184.23 - Events Trust Fund Program Deadlines

Current through Reg. 49, No. 28; July 12, 2024
(a) Application Deadline. Applications for
				  participation in the Events Trust Fund Program should be submitted no later
				  than 120 days before the first day of the event in order to permit the Office
				  to timely determine the amount of incremental increase in tax by not later than
				  three months before the date of the event.
(b) Determination Deadline. No later than the
				  30th day after the date the Office receives a completed request for
				  participation and all required information, the Office will make a
				  determination of whether the event meets the eligibility requirements of Texas
				  Revised Civil Statutes, Article 5190.14 for the establishment of an event trust
				  fund, and a determination of the amount of incremental increase in tax
				  receipts, as determined by the Office, that is directly attributable to the
				  preparation or presentation of the event. The determination must be made no
				  later than three months before the date of the event.
(c) Event Support Contract Submission. Before
				  the first date of the event, the applicant shall submit an event support
				  contract and other documentation required by section 184.31 of this chapter. If
				  the event support contract is not timely submitted, the Office may deem the
				  applicant ineligible for disbursements from the trust fund established for the
				  event.
(d) Attendance Certification
				  Deadline. The applicant shall submit the attendance certification and
				  supporting documentation required by Section 184.30 not later than 45 days
				  after the last date of the event. If the attendance documentation for the event
				  is not timely submitted, the Office may deem the applicant ineligible for
				  disbursements from the trust fund established for the event.
(e) Local Share Submission. Not later than 90
				  days after the last day of the event, the applicant shall remit to the Office
				  the local share contribution to the fund made by or on behalf of an endorsing
				  municipality or endorsing county pursuant to Texas Revised Civil Statutes,
				  Article 5191.14, Section 5B(d), 5C(d) or 5C(d-1). The local share cannot be
				  submitted on a weekend or state holiday. If the local share is not timely
				  submitted, the trust fund established for the event will be closed.
(f) Disbursement Request Submission. The
				  applicant shall submit all requests for disbursements from the trust fund and
				  supporting documentation by not later than 180 days after the last day of the
				  event. Any disbursement requests that are not timely submitted may be
				  ineligible for reimbursement from the trust fund established for the
				  event.
(g) A local organizing
				  committee, endorsing municipality, or endorsing county must provide an annual
				  audited financial statement if requested by the Office no later than the end of
				  the fourth month after the date the period covered by the financial statement
				  ends.