Texas 2017 - 85th Regular

Texas Senate Bill SB1555 Latest Draft

Bill / Introduced Version Filed 03/08/2017

                            85R8730 JTS-D
 By: Kolkhorst S.B. No. 1555


 A BILL TO BE ENTITLED
 AN ACT
 relating to Texas Department of Transportation consideration of
 financially independent state highway toll projects.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subchapter E, Chapter 222, Transportation Code,
 is amended by adding Section 222.112 to read as follows:
 Sec. 222.112.  CONSIDERATION OF FINANCIALLY INDEPENDENT
 PROJECT REQUIRED. The commission by rule shall adopt procedures to
 require that, for each state highway system project proposed to be a
 toll project, including a managed lane project, the department
 consider financing and operating the project as financially
 independent and not part of a system.
 SECTION 2.  This Act takes effect September 1, 2017.