Texas 2017 85th Regular

Texas Senate Bill SB637 Introduced / Bill

Filed 01/27/2017

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                    85R402 MTB-D
 By: Huffines S.B. No. 637


 A BILL TO BE ENTITLED
 AN ACT
 relating to state audits of a regional mobility authority that
 receives a grant or loan from the Texas Department of
 Transportation.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subchapter G, Chapter 370, Transportation Code,
 is amended by adding Section 370.318 to read as follows:
 Sec. 370.318.  AUDIT REQUIREMENT FOR DEPARTMENT GRANT OR
 LOAN. The department may not make a grant or loan to an authority
 for a transportation project unless the authority agrees in writing
 to allow state audits of the authority at any time until the
 completion of the transportation project for which the funds are
 granted or loaned at the discretion of the state auditor's office or
 on a majority vote of a standing legislative committee with primary
 jurisdiction over transportation.
 SECTION 2.  This Act applies only to a grant or loan
 agreement that is entered into on or after the effective date of
 this Act. A grant or loan agreement that is entered into before the
 effective date of this Act is governed by the law in effect on the
 date the agreement was entered into, and the former law is continued
 in effect for that purpose.
 SECTION 3.  This Act takes effect September 1, 2017.