By: Lucio S.B. No. 1707
(In the Senate - Filed March 11, 2011; March 23, 2011, read
first time and referred to Committee on Transportation and Homeland
Security; April 18, 2011, reported favorably by the following
vote: Yeas 6, Nays 0; April 18, 2011, sent to printer.)
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 370.3055 to read as follows:
Sec. 370.3055. 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 State Highway 550
from U.S. Highway 77/83 to State Highway 48.
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.
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