State government has reimbursed Texas communities more than $200 million since 2004 for hosting events ranging from Super Bowls and Austin’s Formula One race to a convention of Kentucky Fried Chicken franchises.
Although the programs used for disbursing the money initially were to help Texas lure major sporting events in “highly competitive” bidding wars with other states, an iconic Texas event such as the Cotton Bowl, based in Dallas since 1937, qualified for an almost $1 million reimbursement in 2012.
The story you’re reading is premium content from the Austin American-Statesman. Subscribers get total access to all our in-depth news, digital editions and exclusive premium content. You can also buy a 24-hour digital pass or 7-day digital pass.
Read MyStatesman.com now — 24-hour digital pass99¢ for 24-hours
Read MyStatesman.com all week — 7-day digital pass$3.99 for 7-days
Subscribe to the Statesman for as little as 33¢ per dayView Offers
For Subscribers: Register your account for digital access.Access Digital
For Subscribers: Sign in here if you have already registered your account.Sign In
CORRECTION: An earlier version of this story incorrectly stated that Chris Shields, the lobbyist who originated the event trust fund idea, was a former lawmaker.