{"data":{"id":"us-tx/tex.-government-code-479.0153","jurisdiction":"us-tx","citation":"Tex. Government Code § 479.0153","heading":"ALLOWABLE EXPENSES.","body":"(a) Money in the trust fund may be used to:\n(1) pay the principal of and interest on notes issued under Section 479.0202; and\n(2) fulfill obligations of an endorsing municipality, an endorsing county, or this state to a site selection organization under a motor sports racing event support contract or event support contract.\n(b) The obligations described by Subsection (a)(2) may include the payment of:\n(1) the costs relating to the preparations necessary or desirable for conducting the motor sports racing event; and\n(2) the costs of conducting the racing event, including costs of a temporary improvement or temporary renovation to an existing facility specific to the racing event.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174), Sec. 1.01, eff. April 1, 2021.","path":["GOVERNMENT CODE","TITLE 4. EXECUTIVE BRANCH","SUBTITLE E-1. EVENT REIMBURSEMENT PROGRAMS","CHAPTER 479. MOTOR SPORTS RACING TRUST FUND","SUBCHAPTER D. DISBURSEMENTS FROM TRUST FUND"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.479.htm#479.0153","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"071180acbb6e7054d34bb9572fa259e91a5b5cbec3bc1b156b68abe5bd68b878","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-479.0152","next":"us-tx/tex.-government-code-479.0154"},"notice":"GroundRules: Original legal text. Not legal advice."}