HB 1950 by King, K.: Expanding Corporate Welfare

 HB 1950 adds several new events on the list of events that are eligible for funding from the major events reimbursement program. The list includes the Bassmaster Classica and Bass Anglers Sportsman Society, LLC, Federation Equestre Internationale World Cup Final and the Federation Equestre Internationale (FEI), a Federation Internationale de Motocyclisme (FIM) World Supercross Championship race and SX Global, and the Professional Bull Riders World Finals and Professional Bull Riders, LLC. HB 1950 also changes language restricting the qualification of the National Reined Cow Horse Association Championship Series and each series of games for the World Cup soccer tournament. Government should not be in the business of stealing from taxpayers to give corporate welfare in the form of reimbursement for major events. This practice is antithetical to free enterprise and TFR opposes all subsidies and corporate welfare.