Bill would lay legal foundation for Budapest Olympics bid
Hungaryʼs government submitted a bill to Parliament late yesterday that would establish the legal framework to support Budapestʼs bid to host the 2024 Olympic Games, Hungarian news agency MTI reported.
The bill “acknowledges the necessity of establishing guarantees” required by the International Olympic Committee (IOC) from cities applying to host the games and aims to “legislate procedural rules supporting the quick and efficient establishment of these guarantees”, according to the justification of the proposal.
The goal of the bill is to show “Hungary is capable... of ensuring the fast, efficient and successful preparation and organization of the secure and peaceful celebration of the Olympic and Paralympic Games”.
The bill would require that the “greatest possible proportion” of funding necessary for Budapestʼs application and for the organization of the Olympic Games come from “donations and support from resources other than the central budget”.
Budapest is competing against Los Angeles, Paris and Rome in its bid to host the 2024 Olympic Games.
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