The bill, titled "Texas Livestock and Rodeo Education and Continuation Grant Program," establishes a new framework within the Government Code by adding Chapter 452. This chapter creates the Texas Livestock and Rodeo Education and Continuation Fund, which will be administered by a newly formed Texas Livestock and Rodeo Education and Continuation Board. The fund will consist of legislative appropriations, gifts, and interest earned, and it is designated for supporting county fairs and local rodeos through grants aimed at facility maintenance, event programs, personnel salaries, and public health and safety. The board will be responsible for overseeing the grant program, ensuring that funds are awarded based on specified eligibility criteria and contractual agreements that promote public benefit.

The bill outlines the composition and operational structure of the board, which will consist of seven members appointed by the governor, with specific requirements regarding their experience in rodeos and county fairs. Members will serve staggered six-year terms, and the board will meet quarterly. Additionally, the bill mandates the board to submit a biennial report to the legislature detailing the fund's balance, grant disbursements, and economic impact reports. The governor is tasked with appointing the initial board members by January 1, 2026, and the act is set to take effect on September 1, 2025.

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