33 | | - | Sec. 223.2015. VOTER APPROVAL OF CERTAIN PROJECTS REQUIRED; |
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34 | | - | ELECTION. (a) This section applies only to a project that is the |
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35 | | - | subject of a comprehensive development agreement under Section |
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36 | | - | 223.2014. |
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37 | | - | (b) Notwithstanding any other law, the department or a |
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38 | | - | private entity may not construct or operate a project described by |
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39 | | - | Subsection (a) unless the project is approved by a majority of |
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40 | | - | voters voting: |
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41 | | - | (1) in all counties in which a portion of the project |
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42 | | - | is to be located at an election held for that purpose, subject to |
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43 | | - | Subdivision (2); or |
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44 | | - | (2) in each county in which a portion of the project is |
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45 | | - | to be located at an election held for that purpose, if the project |
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46 | | - | is to be located in: |
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47 | | - | (A) at least one county that has a population of |
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48 | | - | 500,000 or more; and |
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49 | | - | (B) at least one county that has a population of |
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50 | | - | not more than 50,000. |
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51 | | - | (c) On request of the department, the commissioners court of |
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52 | | - | each county in which a portion of a project described by Subsection |
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53 | | - | (a) is to be located shall order an election under this section, |
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54 | | - | provided that the election may not be ordered until the scope of the |
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55 | | - | project has been finalized, including: |
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| 27 | + | SECTION 1.02. Section 223.201(b), Transportation Code, is |
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| 28 | + | transferred to Subchapter E, Chapter 223, Transportation Code, |
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| 29 | + | redesignated as Section 223.2001, Transportation Code, and amended |
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| 30 | + | to read as follows: |
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| 31 | + | Sec. 223.2001. DEFINITION. [(b)] In this subchapter, |
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| 32 | + | "comprehensive development agreement" means an agreement that, at a |
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| 33 | + | minimum, provides for the design and construction, reconstruction, |
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| 34 | + | rehabilitation, expansion, or improvement of a project described in |
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| 35 | + | Section 223.201(a) [Subsection (a)] and may also provide for the |
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| 36 | + | financing, acquisition, maintenance, or operation of a project |
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| 37 | + | described in that section [Subsection (a)]. |
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| 38 | + | SECTION 1.03. Subchapter E, Chapter 223, Transportation |
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| 39 | + | Code, is amended by adding Section 223.2002 to read as follows: |
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| 40 | + | Sec. 223.2002. LIMITATION. The department may enter into a |
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| 41 | + | comprehensive development agreement only: |
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| 42 | + | (1) for projects authorized under this subchapter; or |
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| 43 | + | (2) as provided by Subchapter F. |
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| 44 | + | SECTION 1.04. Sections 223.201(f) and (g), Transportation |
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| 45 | + | Code, are amended to read as follows: |
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| 46 | + | (f) The department may enter into a comprehensive |
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| 47 | + | development agreement [only] for all or part of[: |
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| 48 | + | [(1)] the State Highway 99 (Grand Parkway) project[; |
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| 49 | + | [(2) the Interstate Highway 35E managed lanes project |
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| 50 | + | in Dallas and Denton Counties from Interstate Highway 635 to U.S. |
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| 51 | + | Highway 380; |
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| 52 | + | [(3) the Interstate Highway 35W project in Tarrant |
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| 53 | + | County from Interstate Highway 30 to State Highway 114; |
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| 54 | + | [(4) the State Highway 183 managed lanes project in |
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| 55 | + | Tarrant and Dallas Counties from State Highway 121 to Interstate |
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| 56 | + | Highway 35E; |
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| 57 | + | [(5) the Interstate Highway 35E/U.S. Highway 67 |
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| 58 | + | Southern Gateway project in Dallas County, including: |
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| 59 | + | [(A) Interstate Highway 35E from 8th Street to |
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| 60 | + | Interstate Highway 20; and |
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| 61 | + | [(B) U.S. Highway 67 from Interstate Highway 35E |
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| 62 | + | to Farm-to-Market Road 1382 (Belt Line Road); |
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| 63 | + | [(6) the State Highway 288 project from U.S. Highway |
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| 64 | + | 59 to south of State Highway 6 in Brazoria County and Harris County; |
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| 65 | + | [(7) the U.S. Highway 290 managed lanes project in |
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| 66 | + | Harris County from Interstate Highway 610 to State Highway 99; |
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| 67 | + | [(8) the Interstate Highway 820 project from State |
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| 68 | + | Highway 183 to Randol Mill Road; |
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| 69 | + | [(9) the State Highway 114 project in Dallas County |
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| 70 | + | from State Highway 121 to State Highway 183; |
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| 71 | + | [(10) the Loop 12 project in Dallas County from State |
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| 72 | + | Highway 183 to Interstate Highway 35E; |
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| 73 | + | [(11) the Loop 9 project in Dallas and Ellis Counties |
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| 74 | + | from Interstate Highway 20 to U.S. Highway 67; and |
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| 75 | + | [(12) the U.S. Highway 181 Harbor Bridge project in |
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| 76 | + | Nueces County between U.S. Highway 181 at Beach Avenue and |
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| 77 | + | Interstate Highway 37]. |
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| 78 | + | (g) The department may combine in a comprehensive |
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| 79 | + | development agreement under this subchapter: |
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| 80 | + | (1) a toll project and a rail facility as defined by |
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| 81 | + | Section 91.001; or |
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| 82 | + | (2) two or more projects for which the department is |
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| 83 | + | authorized under this subchapter to enter into a comprehensive |
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| 84 | + | development agreement [described by Subsection (f)]. |
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| 85 | + | SECTION 1.05. Section 223.2012(a), Transportation Code, is |
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| 86 | + | amended to read as follows: |
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| 87 | + | (a) In this section, the North Tarrant Express project is |
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| 88 | + | the project on Interstate Highway 35W in Tarrant County from |
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| 89 | + | Interstate Highway 30 to State Highway 114 that was [described by |
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| 90 | + | Section 223.201(f)(3)] entered into on June 23, 2009. |
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| 91 | + | SECTION 1.06. The following provisions of the |
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| 92 | + | Transportation Code are repealed: |
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| 93 | + | (1) Sections 223.201(i), (j), (k), (l), and (m); and |
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| 94 | + | (2) Section 223.2011. |
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| 95 | + | ARTICLE 2. VOTER APPROVAL OF TOLL PROJECT |
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| 96 | + | SECTION 2.01. Subchapter B, Chapter 372, Transportation |
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| 97 | + | Code, is amended by adding Section 372.054 to read as follows: |
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| 98 | + | Sec. 372.054. VOTER APPROVAL OF TOLL PROJECT REQUIRED; |
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| 99 | + | ELECTION. (a) Notwithstanding any other provision of law, a toll |
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| 100 | + | project entity may not construct or operate a toll project unless |
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| 101 | + | the project is approved by a majority of voters voting in all |
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| 102 | + | counties at an election held for that purpose. |
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| 103 | + | (b) On request of a toll project entity, the commissioners |
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| 104 | + | court of each county in which a portion of a toll project is to be |
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| 105 | + | located shall order an election under this section, provided that |
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| 106 | + | the election may not be ordered until the entity has finalized the |
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| 107 | + | scope of the project, including: |
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87 | 143 | | by adding Subchapter B-1 to read as follows: |
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88 | 144 | | SUBCHAPTER B-1. TOLL COLLECTION AND ENFORCEMENT |
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89 | 145 | | Sec. 372.071. DEFINITION. In this subchapter, "registered |
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90 | 146 | | owner" means an owner as defined by Section 502.001. |
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91 | 147 | | Sec. 372.072. TOLL PAYMENT REQUIRED; EMERGENCY VEHICLES |
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92 | 148 | | EXEMPT. (a) The operator of a vehicle, other than an authorized |
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93 | 149 | | emergency vehicle as defined by Section 541.201, that is driven or |
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94 | 150 | | towed through a toll collection facility of a toll project shall pay |
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95 | 151 | | the proper toll. The exemption from payment of a toll for an |
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96 | 152 | | authorized emergency vehicle applies regardless of whether the |
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97 | 153 | | vehicle is: |
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98 | 154 | | (1) responding to an emergency; |
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99 | 155 | | (2) displaying a flashing light; or |
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100 | 156 | | (3) marked as an emergency vehicle. |
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101 | 157 | | (b) Notwithstanding Subsection (a), a toll project entity |
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102 | 158 | | may waive the requirement of the payment of a toll or may authorize |
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103 | 159 | | the payment of a reduced toll for any vehicle or class of vehicles. |
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104 | 160 | | Sec. 372.073. TOLL NOT PAID AT TIME OF USE; INVOICE. (a) As |
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105 | 161 | | an alternative to requiring payment of a toll at the time a vehicle |
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106 | 162 | | is driven or towed through a toll collection facility, a toll |
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107 | 163 | | project entity shall use video billing or other tolling methods to |
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108 | 164 | | permit the registered owner of the vehicle to pay the toll at a |
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109 | 165 | | later date. |
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110 | 166 | | (b) A toll project entity may use automated enforcement |
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111 | 167 | | technology, including video recordings, photography, electronic |
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112 | 168 | | data, and transponders, or other tolling methods to identify the |
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113 | 169 | | registered owner of the vehicle for purposes of billing, |
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114 | 170 | | collection, and enforcement activities. |
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115 | 171 | | (c) A toll project entity shall send by first class mail to |
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116 | 172 | | the registered owner of a vehicle a written invoice containing an |
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117 | 173 | | assessment for tolls incurred by the vehicle. |
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118 | 174 | | (d) A toll project entity shall send the invoice required |
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119 | 175 | | under Subsection (c) and related communications to: |
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120 | 176 | | (1) the registered owner's address as shown in the |
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121 | 177 | | vehicle registration records of the Texas Department of Motor |
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122 | 178 | | Vehicles or the analogous department or agency of another state or |
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123 | 179 | | country; or |
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124 | 180 | | (2) an alternate address provided by the owner or |
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125 | 181 | | derived through other reliable means. |
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126 | 182 | | (e) A toll project entity may provide that the invoice |
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127 | 183 | | required under Subsection (c), instead of being sent by first class |
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128 | 184 | | mail, be sent as an electronic record to a registered owner that |
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129 | 185 | | agrees to the terms of the electronic record transmission of the |
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130 | 186 | | information. |
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131 | 187 | | Sec. 372.074. INVOICE REQUIREMENTS; PAYMENT DUE DATE. An |
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132 | 188 | | invoice containing an assessment for the use of a toll project must: |
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133 | 189 | | (1) require payment not later than the 30th day after |
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134 | 190 | | the date the invoice is mailed; and |
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135 | 191 | | (2) conspicuously state: |
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136 | 192 | | (A) the amount due; |
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137 | 193 | | (B) the date by which the amount due must be paid; |
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138 | 194 | | (C) that failure to pay the amount due in the |
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139 | 195 | | required period will result in the assessment of an administrative |
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140 | 196 | | fee; and |
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141 | 197 | | (D) that failure to pay two or more invoices will |
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142 | 198 | | result in a civil penalty. |
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143 | 199 | | Sec. 372.075. PAYMENT OF TOLL INVOICE; ADMINISTRATIVE FEE. |
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144 | 200 | | (a) A person who receives an invoice under this subchapter for the |
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145 | 201 | | use of a toll project shall, not later than the due date specified |
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146 | 202 | | in the invoice: |
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147 | 203 | | (1) pay the amount owed as stated in the invoice; or |
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148 | 204 | | (2) send a written request to the toll project entity |
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149 | 205 | | for a review of the toll assessments contained in the invoice. |
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150 | 206 | | (b) If a person fails to comply with Subsection (a), a toll |
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151 | 207 | | project entity may add an administrative fee, not to exceed $6, to |
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152 | 208 | | the amount the person owes. The toll project entity: |
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153 | 209 | | (1) must set the administrative fee by rule in an |
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154 | 210 | | amount that does not exceed the cost of collecting the toll; and |
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155 | 211 | | (2) may not charge a person more than $48 in |
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156 | 212 | | administrative fees in a 12-month period. |
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157 | 213 | | (c) A toll project entity other than a county under Chapter |
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158 | 214 | | 284 may contract, in accordance with Section 2107.003, Government |
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159 | 215 | | Code, with a person to collect the unpaid toll and any applicable |
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160 | 216 | | administrative fee before referring the matter to a court with |
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161 | 217 | | jurisdiction over a civil penalty under Section 372.076. |
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162 | 218 | | Sec. 372.076. CIVIL PENALTY FOR FAILURE TO PAY TWO OR MORE |
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163 | 219 | | INVOICES. (a) A person who receives two or more invoices for |
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164 | 220 | | unpaid tolls and who has not paid the amounts due on or before the |
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165 | 221 | | due dates specified in the invoices is subject to a civil penalty of |
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166 | 222 | | $25. Only one civil penalty may be assessed in a six-month period. |
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167 | 223 | | An appropriate district or county attorney may sue to collect the |
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168 | 224 | | civil penalty and the underlying toll and administrative fee. |
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169 | 225 | | (b) In determining liability for a civil penalty under this |
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170 | 226 | | section, it is presumed that the unpaid invoices were received on |
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171 | 227 | | the fifth day after the date of mailing. |
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172 | 228 | | (c) It is a defense to liability for a civil penalty under |
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173 | 229 | | this section that the person: |
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174 | 230 | | (1) is not liable for payment of each toll assessed in |
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175 | 231 | | the unpaid invoices; or |
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176 | 232 | | (2) paid the amount owed in the invoices pertaining to |
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177 | 233 | | each toll assessed in the invoices that the person is liable for. |
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178 | 234 | | (d) The court in which a person is found liable for a civil |
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179 | 235 | | penalty under Subsection (a) shall collect the civil penalty, |
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180 | 236 | | unpaid tolls, administrative fees, and any additional court costs |
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181 | 237 | | and forward the amounts to the appropriate toll project entity. |
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182 | 238 | | Sec. 372.077. EXCEPTIONS TO TOLL LIABILITY: LEASED, |
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183 | 239 | | TRANSFERRED, OR STOLEN VEHICLE. (a) It is an exception to |
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184 | 240 | | liability of a vehicle's registered owner for a toll incurred by the |
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185 | 241 | | vehicle if the registered owner of the vehicle is a lessor of the |
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186 | 242 | | vehicle and not later than the 30th day after the date the invoice |
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187 | 243 | | containing an assessment of the toll is mailed provides to the |
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188 | 244 | | appropriate toll project entity: |
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189 | 245 | | (1) a copy of the rental, lease, or other contract |
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190 | 246 | | document covering the vehicle on the date the toll was incurred, |
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191 | 247 | | with the name and address of the lessee clearly legible; or |
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192 | 248 | | (2) electronic data, in a format agreed on by the toll |
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193 | 249 | | project entity and the lessor, other than a photocopy or scan of a |
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194 | 250 | | rental or lease contract, that contains the information required |
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195 | 251 | | under Sections 521.460(c)(1), (2), and (3) covering the vehicle on |
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196 | 252 | | the date the toll was incurred. |
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197 | 253 | | (b) If the lessor provides the required information within |
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198 | 254 | | the period prescribed under Subsection (a), the toll project entity |
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199 | 255 | | may send an invoice to the lessee at the address provided under |
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200 | 256 | | Subsection (a) by first class mail not later than the 30th day after |
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201 | 257 | | the date of receipt of the required information from the lessor. |
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202 | 258 | | (c) It is an exception to liability of a vehicle's |
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203 | 259 | | registered owner for a toll incurred by the vehicle if the |
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204 | 260 | | registered owner of the vehicle: |
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205 | 261 | | (1) transferred ownership of the vehicle to another |
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206 | 262 | | person before the toll was incurred; |
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207 | 263 | | (2) submitted written notice of the transfer to the |
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208 | 264 | | Texas Department of Motor Vehicles in accordance with Section |
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209 | 265 | | 501.147; and |
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210 | 266 | | (3) not later than the 30th day after the date the |
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211 | 267 | | invoice is mailed, provides to the appropriate toll project entity |
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212 | 268 | | the name and address of the person to whom the vehicle was |
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213 | 269 | | transferred. |
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214 | 270 | | (d) If the former owner of the vehicle provides the required |
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215 | 271 | | information within the period prescribed under Subsection (c), the |
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216 | 272 | | toll project entity may send an invoice to the person to whom |
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217 | 273 | | ownership of the vehicle was transferred at the address provided by |
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218 | 274 | | the former owner by first class mail not later than the 30th day |
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219 | 275 | | after the date of receipt of the required information from the |
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220 | 276 | | former owner. |
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221 | 277 | | (e) It is an exception to liability of a vehicle's |
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222 | 278 | | registered owner for a toll incurred by the vehicle if: |
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223 | 279 | | (1) the vehicle in question was stolen before the toll |
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224 | 280 | | was incurred and was not recovered by the time the toll was |
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225 | 281 | | incurred; and |
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226 | 282 | | (2) the theft was reported to the appropriate law |
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227 | 283 | | enforcement authority before the earlier of: |
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228 | 284 | | (A) the time the toll was incurred; or |
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229 | 285 | | (B) eight hours after the discovery of the theft. |
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230 | 286 | | Sec. 372.078. PRESUMPTION. Proof that a vehicle passed |
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231 | 287 | | through a toll collection facility without payment of the proper |
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232 | 288 | | toll, together with proof that the invoice recipient was the |
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233 | 289 | | registered owner or the driver of the vehicle when the toll was |
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234 | 290 | | incurred, creates a presumption that the invoice recipient is |
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235 | 291 | | liable for the toll incurred by the vehicle. The proof may be by a |
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236 | 292 | | written statement of a peace officer or toll project entity |
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237 | 293 | | employee, video surveillance, or any other reasonable evidence, |
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238 | 294 | | including: |
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239 | 295 | | (1) evidence obtained by automated enforcement |
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240 | 296 | | technology that the toll project entity determines is necessary, |
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241 | 297 | | including automated enforcement technology described by Section |
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242 | 298 | | 372.073(b); or |
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243 | 299 | | (2) a copy of the rental, lease, or other contract |
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244 | 300 | | document or the electronic data provided to the toll project entity |
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245 | 301 | | under Section 372.077(a) that shows that the invoice recipient was |
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246 | 302 | | the lessee of the vehicle when the toll was incurred. |
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247 | 303 | | Sec. 372.079. CONFIDENTIALITY OF INFORMATION RELATED TO |
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248 | 304 | | TOLL COLLECTION AND ENFORCEMENT. Information collected for the |
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249 | 305 | | purposes of this subchapter, including contact, payment, and other |
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250 | 306 | | account information and trip data, is confidential and not subject |
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251 | 307 | | to disclosure under Chapter 552, Government Code. |
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268 | | - | SECTION 3.02. Section 223.201(b), Transportation Code, is |
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269 | | - | transferred to Subchapter E, Chapter 223, Transportation Code, |
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270 | | - | redesignated as Section 223.2001, Transportation Code, and amended |
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271 | | - | to read as follows: |
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272 | | - | Sec. 223.2001. DEFINITION. [(b)] In this subchapter, |
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273 | | - | "comprehensive development agreement" means an agreement that, at a |
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274 | | - | minimum, provides for the design and construction, reconstruction, |
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275 | | - | rehabilitation, expansion, or improvement of a project described in |
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276 | | - | Section 223.201(a) [Subsection (a)] and may also provide for the |
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277 | | - | financing, acquisition, maintenance, or operation of a project |
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278 | | - | described in that section [Subsection (a)]. |
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279 | | - | SECTION 3.03. Subchapter E, Chapter 223, Transportation |
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280 | | - | Code, is amended by adding Section 223.2002 to read as follows: |
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281 | | - | Sec. 223.2002. LIMITATION. The department may enter into a |
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282 | | - | comprehensive development agreement only: |
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283 | | - | (1) for projects authorized under this subchapter; or |
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284 | | - | (2) as provided by Subchapter F. |
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285 | | - | SECTION 3.04. Sections 223.201(f) and (g), Transportation |
---|
286 | | - | Code, are amended to read as follows: |
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287 | | - | (f) The department may enter into a comprehensive |
---|
288 | | - | development agreement [only] for all or part of[: |
---|
289 | | - | [(1)] the State Highway 99 (Grand Parkway) project[; |
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290 | | - | [(2) the Interstate Highway 35E managed lanes project |
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291 | | - | in Dallas and Denton Counties from Interstate Highway 635 to U.S. |
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292 | | - | Highway 380; |
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293 | | - | [(3) the Interstate Highway 35W project in Tarrant |
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294 | | - | County from Interstate Highway 30 to State Highway 114; |
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295 | | - | [(4) the State Highway 183 managed lanes project in |
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296 | | - | Tarrant and Dallas Counties from State Highway 121 to Interstate |
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297 | | - | Highway 35E; |
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298 | | - | [(5) the Interstate Highway 35E/U.S. Highway 67 |
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299 | | - | Southern Gateway project in Dallas County, including: |
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300 | | - | [(A) Interstate Highway 35E from 8th Street to |
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301 | | - | Interstate Highway 20; and |
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302 | | - | [(B) U.S. Highway 67 from Interstate Highway 35E |
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303 | | - | to Farm-to-Market Road 1382 (Belt Line Road); |
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304 | | - | [(6) the State Highway 288 project from U.S. Highway |
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305 | | - | 59 to south of State Highway 6 in Brazoria County and Harris County; |
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306 | | - | [(7) the U.S. Highway 290 managed lanes project in |
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307 | | - | Harris County from Interstate Highway 610 to State Highway 99; |
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308 | | - | [(8) the Interstate Highway 820 project from State |
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309 | | - | Highway 183 to Randol Mill Road; |
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310 | | - | [(9) the State Highway 114 project in Dallas County |
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311 | | - | from State Highway 121 to State Highway 183; |
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312 | | - | [(10) the Loop 12 project in Dallas County from State |
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313 | | - | Highway 183 to Interstate Highway 35E; |
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314 | | - | [(11) the Loop 9 project in Dallas and Ellis Counties |
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315 | | - | from Interstate Highway 20 to U.S. Highway 67; and |
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316 | | - | [(12) the U.S. Highway 181 Harbor Bridge project in |
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317 | | - | Nueces County between U.S. Highway 181 at Beach Avenue and |
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318 | | - | Interstate Highway 37]. |
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319 | | - | (g) The department may combine in a comprehensive |
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320 | | - | development agreement under this subchapter: |
---|
321 | | - | (1) a toll project and a rail facility as defined by |
---|
322 | | - | Section 91.001; or |
---|
323 | | - | (2) two or more projects for which the department is |
---|
324 | | - | authorized under this subchapter to enter into a comprehensive |
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325 | | - | development agreement [described by Subsection (f)]. |
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326 | | - | SECTION 3.05. Section 223.2012(a), Transportation Code, is |
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327 | | - | amended to read as follows: |
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328 | | - | (a) In this section, the North Tarrant Express project is |
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329 | | - | the project on Interstate Highway 35W in Tarrant County from |
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330 | | - | Interstate Highway 30 to State Highway 114 that was [described by |
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331 | | - | Section 223.201(f)(3)] entered into on June 23, 2009. |
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332 | | - | SECTION 3.06. Section 228.059, Transportation Code, is |
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| 323 | + | SECTION 3.03. Section 228.059, Transportation Code, is |
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483 | | - | (9) Section 502.011. |
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484 | | - | ARTICLE 5. TRANSITION; EFFECTIVE DATE |
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485 | | - | SECTION 5.01. The changes in law made by this Act regarding |
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486 | | - | the collection of tolls apply only to a toll incurred on or after |
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487 | | - | the effective date of this Act. A toll incurred before the |
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488 | | - | effective date of this Act is governed by the law in effect on the |
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489 | | - | date the toll was incurred, and the former law is continued in |
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490 | | - | effect for that purpose. |
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491 | | - | SECTION 5.02. This Act takes effect September 1, 2019. |
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| 446 | + | (7) Section 502.011. |
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| 447 | + | SECTION 3.15. The changes in law made by this article apply |
---|
| 448 | + | only to a toll incurred on or after the effective date of this Act. |
---|
| 449 | + | A toll incurred before the effective date of this Act is governed by |
---|
| 450 | + | the law in effect on the date the toll was incurred, and the former |
---|
| 451 | + | law is continued in effect for that purpose. |
---|
| 452 | + | ARTICLE 4. CESSATION OF TOLLS |
---|
| 453 | + | SECTION 4.01. Chapter 372, Transportation Code, is amended |
---|
| 454 | + | by adding Subchapter D to read as follows: |
---|
| 455 | + | SUBCHAPTER D. CESSATION OF TOLLS |
---|
| 456 | + | Sec. 372.151. DEFINITION. In this subchapter, "toll |
---|
| 457 | + | cessation date" means the date on which a project is scheduled to |
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| 458 | + | become a part of the state highway system maintained by the |
---|
| 459 | + | commission under Section 372.153. |
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| 460 | + | Sec. 372.152. PROJECTED TOLL CESSATION DATE REQUIRED. The |
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| 461 | + | governing body of a toll project entity may not adopt a plan for the |
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| 462 | + | construction of a toll project unless the plan includes a projected |
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| 463 | + | toll cessation date. |
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| 464 | + | Sec. 372.153. CESSATION OF TOLLS AFTER BOND REQUIREMENTS |
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| 465 | + | MET. (a) Except as provided by Section 372.154, a toll project |
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| 466 | + | becomes a part of the state highway system and the commission shall |
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| 467 | + | maintain the project without tolls when the costs of acquisition |
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| 468 | + | and construction of the project have been paid and: |
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| 469 | + | (1) all of the bonds and interest on the bonds that are |
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| 470 | + | payable from or secured by revenue of the project have been paid by |
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| 471 | + | the issuer of the bonds or another person with the consent or |
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| 472 | + | approval of the issuer; or |
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| 473 | + | (2) a sufficient amount for the payment of all bonds |
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| 474 | + | and interest on the bonds to maturity has been set aside by the |
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| 475 | + | issuer of the bonds or another person with the consent or approval |
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| 476 | + | of the issuer in a trust fund held for the benefit of the |
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| 477 | + | bondholders. |
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| 478 | + | (b) A toll project entity may not amend a financing or other |
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| 479 | + | agreement in a manner that would extend the date by which a toll |
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| 480 | + | project would become part of the state highway system under |
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| 481 | + | Subsection (a). |
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| 482 | + | Sec. 372.154. CONTINUATION OF VARIABLE TOLLS AFTER TOLL |
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| 483 | + | CESSATION DATE. (a) The commission may extend by 10 years a toll |
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| 484 | + | cessation date of a toll project for which a toll project entity |
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| 485 | + | charges a variable toll rate. |
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| 486 | + | (b) After an initial extension under this section is |
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| 487 | + | approved, the commission may approve subsequent 10-year extensions |
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| 488 | + | of the toll cessation date for the project. |
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| 489 | + | (c) Toll revenue collected on a toll project for which the |
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| 490 | + | toll cessation date has been extended under this section may be used |
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| 491 | + | only for a nontolled highway project in the department |
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| 492 | + | transportation district in which the toll project is located. |
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| 493 | + | Sec. 372.155. CESSATION OF TOLLS AFTER EXTENSION OF TOLL |
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| 494 | + | CESSATION DATE. A toll project becomes part of the state highway |
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| 495 | + | system and the commission shall maintain the project without tolls |
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| 496 | + | if a 10-year toll cessation date extension authorized under this |
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| 497 | + | subchapter expires and a succeeding 10-year extension has not been |
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| 498 | + | approved. |
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| 499 | + | SECTION 4.02. Sections 228.012(a) and (b), Transportation |
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| 500 | + | Code, are amended to read as follows: |
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| 501 | + | (a) The department shall create a separate account in the |
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| 502 | + | state highway fund to hold payments received by the department |
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| 503 | + | under a comprehensive development agreement [and the surplus |
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| 504 | + | revenue of a toll project or system]. The department shall create |
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| 505 | + | subaccounts in the account for each project, system, or |
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| 506 | + | region. Interest earned on money in a subaccount shall be |
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| 507 | + | deposited to the credit of that subaccount. |
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| 508 | + | (b) The department shall hold money in a subaccount in trust |
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| 509 | + | for the benefit of the region in which a project or system is |
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| 510 | + | located and may assign the responsibility for allocating money in a |
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| 511 | + | subaccount to a metropolitan planning organization in which the |
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| 512 | + | region is located for projects approved by the department. At the |
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| 513 | + | time the project is approved by the department money shall be |
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| 514 | + | allocated and distributed to projects authorized by Section |
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| 515 | + | 228.0055 [or Section 228.006, as applicable]. |
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| 516 | + | SECTION 4.03. Section 228.053(f), Transportation Code, is |
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| 517 | + | amended to read as follows: |
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| 518 | + | (f) The revenue and disbursements for each toll project or |
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| 519 | + | system shall be kept separately. The revenue from one project may |
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| 520 | + | not be used to pay the cost of another project except as authorized |
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| 521 | + | by Section [Sections] 228.0055 [and 228.006]. |
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| 522 | + | SECTION 4.04. Section 228.104(a), Transportation Code, is |
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| 523 | + | amended to read as follows: |
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| 524 | + | (a) The principal of, interest on, and any redemption |
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| 525 | + | premium on bonds issued by the commission under this subchapter are |
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| 526 | + | payable solely from: |
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| 527 | + | (1) the revenue of the toll project or system for which |
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| 528 | + | the bonds are issued, including tolls pledged to pay the bonds; |
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| 529 | + | (2) the proceeds of bonds issued for the project or |
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| 530 | + | system; |
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| 531 | + | (3) the amounts deposited in a debt service reserve |
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| 532 | + | fund as required by the trust agreement securing bonds issued for |
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| 533 | + | the project or system; |
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| 534 | + | (4) amounts received under a credit agreement relating |
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| 535 | + | to the project or system for which the bonds are issued; and |
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| 536 | + | (5) [surplus revenue of another project or system as |
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| 537 | + | authorized by Section 228.006; and |
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| 538 | + | [(6)] amounts received by the department: |
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| 539 | + | (A) as pass-through tolls under Section 222.104; |
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| 540 | + | (B) under an agreement with a local governmental |
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| 541 | + | entity entered into under Section 228.254; |
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| 542 | + | (C) under other agreements with a local |
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| 543 | + | governmental entity relating to the project or system for which the |
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| 544 | + | bonds are issued; and |
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| 545 | + | (D) under a comprehensive development agreement |
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| 546 | + | entered into under Subchapter E, Chapter 223 [Section 223.201]. |
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| 547 | + | SECTION 4.05. Section 228.105, Transportation Code, is |
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| 548 | + | amended to read as follows: |
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| 549 | + | Sec. 228.105. SOURCES OF PAYMENT OF AND SECURITY FOR TOLL |
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| 550 | + | REVENUE BONDS. Notwithstanding any other provisions of this |
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| 551 | + | subchapter, toll revenue bonds issued by the commission may: |
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| 552 | + | (1) be payable from and secured by: |
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| 553 | + | (A) payments made under an agreement with a local |
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| 554 | + | governmental entity as provided by Section 228.254; |
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| 555 | + | (B) the proceeds of bonds issued for the toll |
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| 556 | + | project or system; or |
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| 557 | + | (C) amounts deposited in a debt service reserve |
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| 558 | + | fund as required by the trust agreement securing bonds issued for |
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| 559 | + | the project or system; [or |
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| 560 | + | [(D) surplus revenue of another toll project or |
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| 561 | + | system as authorized by Section 228.006;] and |
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| 562 | + | (2) state on their faces any pledge of revenue or taxes |
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| 563 | + | and any security for the bonds under the agreement. |
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| 564 | + | SECTION 4.06. Section 366.113(a), Transportation Code, is |
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| 565 | + | amended to read as follows: |
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| 566 | + | (a) The principal of, interest on, and any redemption |
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| 567 | + | premium on bonds issued by an authority are payable solely from: |
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| 568 | + | (1) the revenue of the turnpike project or system for |
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| 569 | + | which the bonds are issued, including tolls pledged to pay the |
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| 570 | + | bonds; |
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| 571 | + | (2) payments made under an agreement with the |
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| 572 | + | commission or a local governmental entity as provided by Subchapter |
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| 573 | + | G; |
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| 574 | + | (3) money derived from any other source available to |
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| 575 | + | the authority, other than money derived from a turnpike project |
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| 576 | + | that is not part of the same system or money derived from a |
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| 577 | + | different system[, except to the extent that the surplus revenue of |
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| 578 | + | a turnpike project or system has been pledged for that purpose]; |
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| 579 | + | and |
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| 580 | + | (4) amounts received under a credit agreement relating |
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| 581 | + | to the turnpike project or system for which the bonds are issued. |
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| 582 | + | SECTION 4.07. Section 370.113(a), Transportation Code, is |
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| 583 | + | amended to read as follows: |
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| 584 | + | (a) The principal of, interest on, and any redemption |
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| 585 | + | premium on bonds issued by an authority are payable solely from: |
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| 586 | + | (1) the revenue of the transportation project for |
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| 587 | + | which the bonds are issued; |
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| 588 | + | (2) payments made under an agreement with the |
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| 589 | + | commission, the department, or other governmental entity as |
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| 590 | + | authorized by this chapter; |
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| 591 | + | (3) money derived from any other source available to |
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| 592 | + | the authority, other than money derived from a transportation |
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| 593 | + | project that is not part of the same system or money derived from a |
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| 594 | + | different system, except to the extent that the surplus revenue of a |
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| 595 | + | transportation project or system, other than a turnpike project, |
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| 596 | + | has been pledged for that purpose; |
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| 597 | + | (4) amounts received under a credit agreement relating |
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| 598 | + | to the transportation project for which the bonds are issued; and |
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| 599 | + | (5) the proceeds of the sale of other bonds. |
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| 600 | + | SECTION 4.08. Section 373.003, Transportation Code, is |
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| 601 | + | amended to read as follows: |
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| 602 | + | Sec. 373.003. PROJECT OWNED IN PERPETUITY. Unless a toll |
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| 603 | + | project is leased, sold, conveyed, or otherwise transferred to |
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| 604 | + | another governmental entity in accordance with applicable law, |
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| 605 | + | including Sections 228.151, 284.011, 366.036, 366.172, [and] |
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| 606 | + | 370.171, 372.153, and 372.155, a toll project procured by the |
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| 607 | + | department or a local toll project entity determined by the process |
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| 608 | + | under Subchapter B is owned by that entity in perpetuity. |
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| 609 | + | SECTION 4.09. The following provisions of the |
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| 610 | + | Transportation Code are repealed: |
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| 611 | + | (1) Sections 228.006 and 228.109(d); |
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| 612 | + | (2) Sections 284.008(c) and (d); and |
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| 613 | + | (3) Sections 366.003(9-a), 366.037, 366.071, |
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| 614 | + | 366.072(b), and 366.175. |
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| 615 | + | SECTION 4.10. Section 372.152, Transportation Code, as |
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| 616 | + | added by this article, applies only to a toll project for which an |
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| 617 | + | initial plan is adopted on or after the effective date of this Act. |
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| 618 | + | ARTICLE 5. EFFECTIVE DATE |
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| 619 | + | SECTION 5.01. This Act takes effect September 1, 2019. |
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