Texas 2015 - 84th Regular

Texas House Bill HB3674 Latest Draft

Bill / Introduced Version Filed 03/13/2015

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                            84R7190 JAM-F
 By: Anchia H.B. No. 3674


 A BILL TO BE ENTITLED
 AN ACT
 relating to the provision of financial assistance by the Texas
 Department of Transportation to other toll project entities.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Sections 222.103(a) and (c), Transportation
 Code, are amended 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 by a transportation
 corporation created by the commission under Chapter 431 [of a
 public or private entity] on terms and conditions established by
 the commission. 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].
 (c)  A bond or other debt obligation issued by a
 transportation corporation [public or private entity] to finance
 the cost of a toll facility in which the department participates is
 an obligation of the issuing entity and is not an obligation of this
 state.
 SECTION 2.  Section 284.003(d), Transportation Code, is
 amended to read as follows:
 (d)  If the county constructs, acquires, improves, operates,
 maintains, or pools a project under this chapter, before December
 31 of each even-numbered year the county shall submit to the
 department a plan for the project that includes the time schedule
 for the project and describes the use of project funds.  The plan
 may provide for and permit the use of project funds and other
 money[, including state or federal funds,] available to the county
 for roads, streets, highways, and other related facilities in the
 county that are not part of a project under this chapter.  A plan is
 not subject to approval, supervision, or regulation by the
 commission or the department, except that:
 (1)  [any use of state or federal highway funds must be
 approved by the commission;
 [(2)]  any work on a highway in the state highway system
 must be approved by the department; and
 (2) [(3)]  the department shall supervise and regulate
 work on a highway in the state highway system.
 SECTION 3.  Section 284.006, Transportation Code, is amended
 to read as follows:
 Sec. 284.006.  FEDERAL OR STATE AID. (a) A county may:
 (1)  accept from the United States or this state
 assistance or a loan, gift, grant, or contribution to acquire,
 construct, improve, maintain, pool, or operate a project under this
 chapter; and
 (2)  enter into agreements with the United States or
 this state for the acquisition, construction, improvement,
 maintenance, pooling, or operation of the project.
 (b)  The commission or the department may provide a loan,
 grant, contribution, or other assistance to a county for a project
 only if the project:
 (1)  is in the state highway system; and
 (2)  is designed, constructed, operated, repaired, or
 maintained by the county on behalf of the department.
 SECTION 4.  Section 284.008(a), Transportation Code, is
 amended to read as follows:
 (a)  The commission may:
 (1)  [provide for and contribute toward the
 acquisition, construction, improvement, operation, maintenance, or
 pooling of a project under this chapter and under terms to which the
 commission and the local government corporation or county agree
 that are consistent with the rights of bondholders or a person
 operating the project under a lease or other contract;
 [(2)]  lease a project under terms:
 (A)  to which the county or local government
 corporation acting under this chapter and the commission agree; and
 (B)  that are consistent with the bond instrument;
 and
 (2) [(3)]  declare any part of a project under this
 chapter to be a part of the state highway system and operate any
 part of a project as part of the state highway system, to the extent
 that property and contract rights in the project and bonds are not
 affected unfavorably.
 SECTION 5.  Section 366.033, Transportation Code, is amended
 by amending Subsection (a) and adding Subsection (m) to read as
 follows:
 (a)  An authority, acting through its board, without state
 approval, supervision, or regulation, may:
 (1)  adopt rules for the regulation of its affairs and
 the conduct of its business;
 (2)  adopt an official seal;
 (3)  study, evaluate, design, acquire, construct,
 maintain, repair, and operate turnpike projects, individually or as
 one or more systems;
 (4)  acquire, hold, and dispose of property in the
 exercise of its powers and the performance of its duties under this
 chapter;
 (5)  enter into contracts or operating agreements with
 similar authorities or agencies of the United States, a state of the
 United States, the United Mexican States, or a state of the United
 Mexican States;
 (6)  enter into contracts or agreements necessary or
 incidental to its duties and powers under this chapter;
 (7)  cooperate and work directly with property owners
 and governmental agencies and officials to support an activity
 required to promote or develop a turnpike project or system;
 (8)  employ and set the compensation and benefits of
 administrators, consulting engineers, attorneys, accountants,
 construction and financial experts, superintendents, managers,
 full-time and part-time employees, agents, consultants, and such
 other persons as the authority considers necessary or useful;
 (9)  receive loans, gifts, grants, and other
 contributions for the construction of a turnpike project or system
 and receive contributions of money, property, labor, or other
 things of value from any source, including the United States, a
 state of the United States, the United Mexican States, a state of
 the United Mexican States, [the commission, the department,] any
 subdivision of the state, or any other local governmental or
 private entity, to be used for the purposes for which the grants or
 contributions are made, and enter into any agreement necessary for
 the grants or contributions;
 (10)  install, construct, maintain, repair, renew,
 relocate, and remove public utility facilities in, on, along, over,
 or under a turnpike project;
 (11)  organize a corporation under Chapter 431 for the
 promotion and development of turnpike projects and systems;
 (12)  adopt and enforce rules not inconsistent with
 this chapter for the use of any turnpike project or system,
 including traffic and other public safety rules;
 (13)  enter into leases, operating agreements, service
 agreements, licenses, franchises, and similar agreements with
 public or private parties governing the parties' use of all or any
 portion of a turnpike project and the rights and obligations of the
 authority with respect to a turnpike project; and
 (14)  do all things necessary or appropriate to carry
 out the powers expressly granted by this chapter.
 (m)  The commission or the department may provide a loan,
 grant, contribution, or other assistance to an authority for a
 turnpike project only if the project:
 (1)  is on the state highway system; and
 (2)  is designed, constructed, operated, repaired, or
 maintained by the authority on behalf of the department.
 SECTION 6.  Section 366.113(a), Transportation Code, is
 amended to read as follows:
 (a)  The principal of, interest on, and any redemption
 premium on bonds issued by an authority are payable solely from:
 (1)  the revenue of the turnpike project or system for
 which the bonds are issued, including tolls pledged to pay the
 bonds;
 (2)  payments made under an agreement with [the
 commission or] a local governmental entity as provided by
 Subchapter G;
 (3)  money derived from any other source available to
 the authority, other than money derived from a turnpike project
 that is not part of the same system or money derived from a
 different system, except to the extent that the surplus revenue of a
 turnpike project or system has been pledged for that purpose; and
 (4)  amounts received under a credit agreement relating
 to the turnpike project or system for which the bonds are issued.
 SECTION 7.  Section 366.174(b), Transportation Code, is
 amended to read as follows:
 (b)  An authority may transfer into its revolving fund money
 from any permissible source, including:
 (1)  money from a turnpike project if the transfer does
 not diminish the money available for the project or the system, if
 any, of which it is a part to less than an amount required to be
 retained by the bond proceedings pertaining to the project or
 system;
 (2)  money received by the authority from any source
 and not otherwise committed, including money from the transfer of a
 turnpike project or system or sale of authority assets; and
 (3)  [money received from the state highway fund; and
 [(4)]  contributions, loans, grants, or assistance
 from the United States, another state, a political subdivision of
 this state, a foreign governmental entity, including the United
 Mexican States or a state of the United Mexican States, a local
 governmental entity, any private enterprise, or any person.
 SECTION 8.  Section 370.033, Transportation Code, is amended
 by amending Subsections (a) and (m) and adding Subsection (s) to
 read as follows:
 (a)  An authority, through its board, may:
 (1)  adopt rules for the regulation of its affairs and
 the conduct of its business;
 (2)  adopt an official seal;
 (3)  study, evaluate, design, finance, acquire,
 construct, maintain, repair, and operate transportation projects,
 individually or as one or more systems, provided that a
 transportation project that is subject to Subpart C, 23 C.F.R. Part
 450, is:
 (A)  included in the plan approved by the
 applicable metropolitan planning organization; and
 (B)  consistent with the statewide transportation
 plan and the statewide transportation improvement program;
 (4)  acquire, hold, and dispose of property in the
 exercise of its powers and the performance of its duties under this
 chapter;
 (5)  enter into contracts or operating agreements with
 a similar authority, another governmental entity, or an agency of
 the United States, a state of the United States, the United Mexican
 States, or a state of the United Mexican States;
 (6)  enter into contracts or agreements necessary or
 incidental to its powers and duties under this chapter;
 (7)  cooperate and work directly with property owners
 and governmental entities and officials to support an activity
 required to promote or develop a transportation project;
 (8)  employ and set the compensation and benefits of
 administrators, consulting engineers, attorneys, accountants,
 construction and financial experts, superintendents, managers,
 full-time and part-time employees, agents, consultants, and other
 persons as the authority considers necessary or useful;
 (8-a)  participate in the state travel management
 program administered by the comptroller for the purpose of
 obtaining reduced airline fares and reduced travel agent fees,
 provided that the comptroller may charge the authority a fee not to
 exceed the costs incurred by the comptroller in providing services
 to the authority;
 (9)  notwithstanding Sections 221.003 and 222.031 and
 subject to Subsections (j), [and] (m), and (s), apply for, directly
 or indirectly receive and spend loans, gifts, grants, and other
 contributions for any purpose of this chapter, including the
 construction of a transportation project, and receive and spend
 contributions of money, property, labor, or other things of value
 from any source, including the United States, a state of the United
 States, the United Mexican States, a state of the United Mexican
 States, the commission, the department, a subdivision of this
 state, or a governmental entity or private entity, to be used for
 the purposes for which the grants, loans, or contributions are
 made, and enter into any agreement necessary for the grants, loans,
 or contributions;
 (10)  install, construct, or contract for the
 construction of public utility facilities, direct the time and
 manner of construction of a public utility facility in, on, along,
 over, or under a transportation project, or request the removal or
 relocation of a public utility facility in, on, along, over, or
 under a transportation project;
 (11)  organize a corporation under Chapter 431 for the
 promotion and development of transportation projects;
 (12)  adopt and enforce rules not inconsistent with
 this chapter for the use of any transportation project, including
 tolls, fares, or other user fees, speed and weight limits, and
 traffic and other public safety rules, provided that an authority
 must consider the same factors that the Texas Turnpike Authority
 division of the department must consider in altering a prima facie
 speed limit under Section 545.354;
 (13)  enter into leases, operating agreements, service
 agreements, licenses, franchises, and similar agreements with a
 public or private party governing the party's use of all or any
 portion of a transportation project and the rights and obligations
 of the authority with respect to a transportation project;
 (14)  borrow money from or enter into a loan agreement
 or other arrangement with the state infrastructure bank, the
 department, or the commission, subject to Subsection (s), or with
 any other public or private entity; and
 (15)  do all things necessary or appropriate to carry
 out the powers and duties expressly granted or imposed by this
 chapter.
 (m)  If an authority receives money from the general revenue
 fund, the Texas Mobility Fund, or the state highway fund it may use
 the money only to acquire, design, finance, construct, operate, or
 maintain a turnpike project under Section 370.003(14)(A) or (D) or
 a transit system under Section 370.351, except that money received
 from the Texas Mobility Fund or the state highway fund may be used
 only as provided by Subsection (s).
 (s)  The commission or the department may provide a loan,
 grant, contribution, or other assistance to an authority for a
 turnpike project only if the project:
 (1)  is on the state highway system; and
 (2)  is designed, constructed, operated, repaired, or
 maintained by the authority on behalf of the department.
 SECTION 9.  Section 370.173, Transportation Code, is amended
 by adding Subsection (e) to read as follows:
 (e)  Money received from the state highway fund may only be
 spent or advanced from the revolving fund for a transit system under
 Section 370.351 or for a turnpike project that:
 (1)  is on the state highway system; and
 (2)  is designed, constructed, operated, repaired, or
 maintained by the authority on behalf of the department.
 SECTION 10.  Sections 222.103(f), 284.008(b), 366.301, and
 370.301, Transportation Code, are repealed.
 SECTION 11.  (a)  The changes in law made by this Act apply
 only to a loan, grant, contribution, or other assistance provided
 by the Texas Department of Transportation on or after the effective
 date of this Act.
 (b)  The repeal by this Act of Sections 222.103(f),
 284.008(b), 366.301, and 370.301, Transportation Code, does not
 affect any obligations outstanding immediately before the
 effective date of this Act.
 (c)  A loan, grant, contribution, or other assistance
 provided before the effective date of this Act is governed by the
 law in effect on the date the loan, grant, contribution, or other
 assistance is provided, and the former law is continued in effect
 for that purpose.
 SECTION 12.  This Act takes effect September 1, 2015.