S.B. No. 2004 amends the Government Code to include the INDYCAR Grand Prix of Arlington as an eligible event for funding under the major events reimbursement program. Specifically, it adds a new category for this event in Section 478.0001(3) and introduces a provision in Section 478.0051(d) that allows the event to receive funding if a site selection organization designates a site in Texas as the sole location for the event without considering other sites through a competitive process. This provision is set to expire on September 1, 2030.

Additionally, the bill includes the insertion of "Penske Entertainment" as a recognized site selection organization in Section 478.0001(7). The bill is set to take effect on September 1, 2025, following its passage in both the Senate and the House.

Statutes affected:
Introduced: Government Code 478.0001 (Government Code 478)
Senate Committee Report: Government Code 478.0001, Government Code 478.0051 (Government Code 478)
Engrossed: Government Code 478.0001, Government Code 478.0051 (Government Code 478)
House Committee Report: Government Code 478.0001, Government Code 478.0051 (Government Code 478)
Enrolled: Government Code 478.0001, Government Code 478.0051 (Government Code 478)