81R27986 SLB-D
By: Carona S.B. No. 404
Substitute the following for S.B. No. 404:
By: Smith of Harris C.S.S.B. No. 404
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. Sections 223.201(f) and (i), 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, 2013 [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, 2015 [2011].
SECTION 2. Sections 370.305(d) and (f), 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, 2013 [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, 2015 [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 project
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 project entities, does not become law, this
Act has no effect.