TX HB5088

Shifts responsibility for conducting post-event economic impact studies from the state office to the local organizing committee, endorsing municipality, or endorsing county within 10 months after an eligible event

Requires local entities to post study results, tax receipt documentation, and compliance verification on their own websites rather than the state office's website

Mandates that endorsing municipalities and counties remit local money to the events trust fund equal to the municipal and county tax revenue amounts (changing from optional "may" to mandatory "shall")

Sets a 90-day deadline after an event's last day for municipalities and counties to remit local money to the events trust fund

State tax revenue transfers to the events trust fund will be calculated at 6.25 times the amount of municipal and county tax revenue remitted (removing "retained" as an option), and repeals Section 480.0152 regarding municipal and county tax revenue remittance