CERTAIN GOVERNMENTALLY OWNED FACILITIES.
Tex. ALCO. BEV Code § 108.755.
in effect(a) Section 108.75 does not restrict or govern the promotion, sponsorship, or advertising of an entertainment event, or the promotion or advertising of an alcoholic beverage brand or product, at a facility that is:
(1) owned by a municipality or county that is financed with public securities, the interest on which is exempt from federal income taxation under the Internal Revenue Code of 1986; or
(2) part of an approved venue project, including the venue and related infrastructure, as those terms are defined by Section 334.001 , Local Government Code.
(b) Financial arrangements, including profit sharing, between a concessionaire operating at a facility described by Subsection (a) and a person operating the concession facilities under a contract with the license or permit holder or the municipality or county do not constitute and are not evidence of subterfuge ownership prohibited by Section 109.53 .
Added by Acts 2009, 81st Leg., R.S., Ch. 176 (H.B. 1505 ), Sec. 1, eff. September 1, 2009.