By: Smith H.B. No. 3314 A BILL TO BE ENTITLED AN ACT relating to the authority of the Texas Transportation Commission to fund projects related to the Gulf Intracoastal Waterway. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Chapter 51, Transportation Code, is amended by adding Section 51.015 to read as follows: Sec. 51.015. FUNDING ASSISTANCE. (a) The commission may use state funds, including undedicated portions of the state highway fund, to: (1) assist the United States Army Corps of Engineers with the costs of maintenance and supplemental dredging activities for the Gulf Intracoastal Waterway; or (2) fund capital projects to repair, improve, or replace infrastructure facilities, as specified by the commission, along the Gulf Intracoastal Waterway, and fund studies to determine the feasibility of capital projects. (b) The commission may authorize the executive director of the department or the executive director's designee to enter into agreements with the United States Army Corps of Engineers under this section. SECTION 2. This Act takes effect September 1, 2015.