14 | 11 | | construction or improvement of public roadways that will enhance |
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15 | 12 | | connectivity to ports. |
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16 | 13 | | SECTION 2. Section 55.002(e), Transportation Code, is |
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17 | 14 | | amended to read as follows: |
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18 | 15 | | (e) The commission may use money from the Texas Mobility |
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19 | 16 | | Fund to provide funding for a port access improvement project[, |
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20 | 17 | | including through a loan, for a port security project, a port |
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21 | 18 | | transportation project, or a project eligible for funding under |
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22 | 19 | | Subsection (c)]. |
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23 | | - | SECTION 3. Section 55.006(a), Transportation Code, is |
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24 | | - | amended to read as follows: |
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25 | | - | (a) The committee consists of nine [seven] members |
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26 | | - | appointed [by the commission. The members shall be appointed] as |
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27 | | - | follows: |
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28 | | - | (1) one member from the Port of Houston Authority |
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29 | | - | appointed by the commission; |
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30 | | - | (2) three members who represent maritime ports on the |
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31 | | - | upper Texas coast appointed by the commission; [and] |
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32 | | - | (3) three members who represent maritime ports on the |
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33 | | - | lower Texas coast appointed by the commission; |
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34 | | - | (4) one member appointed by the lieutenant governor; |
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35 | | - | and |
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36 | | - | (5) one member appointed by the speaker of the house of |
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37 | | - | representatives. |
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38 | | - | SECTION 4. Subtitle A, Title 4, Transportation Code, is |
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| 20 | + | SECTION 3. Subtitle A, Title 4, Transportation Code, is |
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50 | | - | Sec. 56.002. SHIP CHANNEL IMPROVEMENT REVOLVING FUND. |
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51 | | - | (a) The ship channel improvement revolving fund is an account in |
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52 | | - | the general revenue fund. The fund is administered by the |
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53 | | - | commission. |
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54 | | - | (b) The following money shall be credited to the fund: |
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55 | | - | (1) money the commission receives as a gift, grant, or |
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56 | | - | donation for a purpose of this chapter; |
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57 | | - | (2) money appropriated to the commission for the |
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58 | | - | purposes of this chapter; |
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59 | | - | (3) money received by the commission for the repayment |
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60 | | - | of a loan made by the program established under Section 56.003; and |
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61 | | - | (4) interest earned on deposits and investments of the |
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62 | | - | fund. |
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63 | | - | (c) Money in the fund may be appropriated only to the |
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64 | | - | commission for the purposes of administering the fund and the |
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65 | | - | program established under Section 56.003. |
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66 | | - | (d) The financial transactions of the fund are subject to |
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67 | | - | audit by the state auditor. |
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68 | | - | Sec. 56.003. REVOLVING LOAN PROGRAM. (a) The commission |
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69 | | - | by rule shall establish a revolving loan program to use money from |
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70 | | - | the fund to finance qualified projects for navigation districts. |
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71 | | - | (b) To be a qualified project, a project must: |
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72 | | - | (1) deepen or widen a ship channel; |
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73 | | - | (2) be authorized by the United States Congress; and |
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74 | | - | (3) meet any other standards provided by commission |
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75 | | - | rule. |
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76 | | - | (c) A project for maintenance dredging is not a qualified |
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77 | | - | project under this section. |
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78 | | - | SECTION 5. This Act takes effect immediately if it receives |
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| 34 | + | Sec. 56.002. SHIP CHANNEL IMPROVEMENT REVOLVING FUND. The |
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| 35 | + | ship channel improvement revolving fund is an account in the |
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| 36 | + | general revenue fund. The fund is administered by the department. |
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| 37 | + | SECTION 4. This Act takes effect immediately if it receives |
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