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TX SB2004
Bill
Status
5/27/2025
Primary Sponsor
Phil King
Click for details
AI Summary
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Adds the INDYCAR Grand Prix of Arlington to the list of eligible events under Texas's Major Events Reimbursement Program (Chapter 478, Government Code)
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Adds Penske Entertainment to the list of recognized site selection organizations that can select venues for eligible events
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Creates a special exemption allowing the INDYCAR Grand Prix of Arlington to receive funding even if the site selection process did not involve competitive consideration of locations outside Texas
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The special exemption for the INDYCAR Grand Prix of Arlington expires on September 1, 2030
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Takes effect September 1, 2025; passed the Senate 25-6 on April 29, 2025, and the House 85-58 on May 13, 2025
Legislative Description
Relating to the eligibility of the INDYCAR Grand Prix of Arlington for funding under the major events reimbursement program.
State Finances
Last Action
Effective on 9/1/25
5/27/2025