Texas Senate Bill SB1299

Texas 2019 - 86th Regular

Caption

Relating to the powers of certain regional transportation authorities.

Impact

The proposed amendments have significant implications for how regional transportation authorities can structure their financing. By removing the voter approval requirement for certain long-term leases or agreements, the bill empowers these authorities to engage more freely in transactions that could expedite transportation projects. This approach is expected to foster economic growth through enhanced infrastructure while simultaneously drawing foreign and domestic investment in local transportation initiatives.

Summary

SB1299 addresses the operational capabilities of certain regional transportation authorities in Texas. The bill specifically modifies Sections 452.108(c) and (d) of the Transportation Code, allowing these authorities to enter into longer lease or financing agreements—exceeding five years—without requiring voter approval, under certain conditions. This change aims to encourage private investment in transportation infrastructure by granting these authorities more flexibility in their financial dealings and agreements with third parties.

Contention

Notable points of contention surrounding SB1299 stem from concerns about the levels of oversight and community involvement in major financial decisions made by regional authorities. Critics argue that allowing authorities to bypass voter approval diminishes public accountability and could lead to decisions that do not reflect the community’s interests. Supporters, however, assert that streamlining these processes is essential for responsive and efficient management of transportation needs, particularly in rapidly growing areas where infrastructure demands are high.