Relating to the major events reimbursement program and the events trust fund.
What changed between versions
Replaced references to 'office' with 'local organizing committee, endorsing municipality, or endorsing county' in some contexts to clarify who is responsible for completing economic impact studies.
Added clarifying language that the local organizing committee, endorsing municipality, or endorsing county must post study results and tax receipt documentation on their respective Internet websites.
Repealed Section 480.0152, which previously governed municipal and county tax revenues remitted or retained under the program.
Changed the requirement for endorsing municipalities and counties to remit local money to the trust fund from an optional action to a mandatory requirement, and updated the deadline to 90 days after the event.
Modified the calculation for state tax revenue transfers to the trust fund by removing the word 'retained' and adding 'including' to clarify the types of revenue included.
Updated the effective date of the Act to September 1, 2025.
Added a note at the top of the bill text regarding digital content accessibility standards aligned with WCAG 2.1.