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TX HB3962
Bill
Status
3/6/2025
Primary Sponsor
Charlie Geren
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AI Summary
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Adds the INDYCAR Grand Prix of Arlington to the list of events eligible for funding under Texas's major events reimbursement program, which provides state financial support for hosting significant sporting and entertainment events
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Designates Penske Entertainment as an official site selection organization authorized to select venues for eligible major events under the program
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Creates a special exception allowing the INDYCAR Grand Prix of Arlington to receive program funding even if the site selection organization chooses Texas without going through a competitive bidding process against out-of-state locations
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Takes effect September 1, 2025
Legislative Description
Relating to the eligibility of the INDYCAR Grand Prix of Arlington for funding under the major events reimbursement program.
Amusements, Games, Sports
Last Action
Laid on the table subject to call
5/12/2025