By: Watson S.B. No. 1650
A BILL TO BE ENTITLED
AN ACT
relating to certain comprehensive development agreements of
regional mobility authorities.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter G, Chapter 370, Transportation Code,
is amended by adding Section 370.3052 to read as follows:
Sec. 370.3052. LIMITED AUTHORITY FOR CERTAIN PROJECTS USING
COMPREHENSIVE DEVELOPMENT AGREEMENTS. Notwithstanding Sections
370.305(d) and (f), an authority may enter into a comprehensive
development agreement relating to improvements to the Loop 1 (MoPac
Improvement) project, from Farm-to-Market Road 734 to Cesar Chavez
Street.
SECTION 2. 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.