The purposes of this subtitle are to:

1. (1) provide assurances required by a site selection organization sponsoring a game or event; and

2. (2) provide financing for the costs of:

   1. (A) applying or bidding for selection as the site of a game or event in this state;
   2. (B) making preparations necessary and desirable for conducting a game or event in this state, including costs of the construction or renovation of facilities to the extent authorized by this subtitle; and
   3. (C) conducting a game or event in this state.

Added by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174), Sec. 1.01, eff. April 1, 2021.