By: Carona S.B. No. 404
(In the Senate - Filed January 6, 2009; February 17, 2009,
read first time and referred to Committee on Transportation and
Homeland Security; March 30, 2009, reported adversely, with
favorable Committee Substitute by the following vote: Yeas 8, Nays
1; March 30, 2009, sent to printer.)
COMMITTEE SUBSTITUTE FOR S.B. No. 404 By: Carona
A BILL TO BE ENTITLED
AN ACT
relating to the authority of certain toll project entities to enter
into a comprehensive development agreement.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subsections (f) and (i), Section 223.201,
Transportation Code, are amended to read as follows:
(f) Except as provided by Subsections (h) and (i), the
authority to enter into comprehensive development agreements
provided by this section expires on August 31, 2015 [2009].
(i) The authority to enter into a comprehensive development
agreement for a project exempted from Subsection (f) or Section
223.210(b) expires August 31, 2017 [2011].
SECTION 2. Subsections (d) and (f), Section 370.305,
Transportation Code, are amended to read as follows:
(d) Except as provided by Subsections (e) and (f), the
authority to enter into comprehensive development agreements under
this section expires on August 31, 2015 [2009].
(f) The authority to enter into a comprehensive development
agreement for a project exempted from Subsection (d) or Section
223.210(b) expires August 31, 2017 [2011].
SECTION 3. Except as provided by Section 4 of this Act, this
Act takes effect September 1, 2009.
SECTION 4. This Act takes effect only if Senate Bill No. 17
or another similar bill of the 81st Legislature, Regular Session,
2009, relating to the design, development, financing,
construction, and operation of certain toll projects including the
determination of the primacy process for local toll entities
becomes law. If Senate Bill No. 17 or another similar bill of the
81st Legislature, Regular Session, 2009, relating to the design,
development, financing, construction, and operation of certain
toll projects including the determination of the primacy process
for local toll entities does not become law, this Act has no effect.
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