Texas 2011 - 82nd Regular

Texas Senate Bill SB1282 Latest Draft

Bill / Introduced Version

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                            82R10423 JTS-D
 By: Watson S.B. No. 1282


 A BILL TO BE ENTITLED
 AN ACT
 relating to a prohibition on the use of revenue sharing as a means
 of repayment of Texas Department of Transportation cost
 participation in a toll facility of a public entity.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 222.103, Transportation Code, is amended
 by amending Subsection (a) and adding Subsection (i) to read as
 follows:
 (a)  The department may participate, by spending money from
 any available source, in the cost of the acquisition, construction,
 maintenance, or operation of a toll facility of a public or private
 entity on terms and conditions established by the commission,
 subject to Subsection (i). The commission:
 (1)  may require the repayment of any money spent by the
 department for the cost of a toll facility of a public entity; and
 (2)  shall require the repayment of any money spent by
 the department for the cost of a toll facility of a private entity.
 (i)  The department may not recover money loaned or granted
 under this section to a public entity through a revenue sharing
 agreement with the public entity.
 SECTION 2.  Section 222.103(i), Transportation Code, as
 added by this Act, applies only to money loaned or granted by the
 Texas Department of Transportation on or after the effective date
 of this Act.
 SECTION 3.  This Act takes effect immediately if it receives
 a vote of two-thirds of all the members elected to each house, as
 provided by Section 39, Article III, Texas Constitution.  If this
 Act does not receive the vote necessary for immediate effect, this
 Act takes effect September 1, 2011.