By: Canales, Cyrier, Rodriguez H.B. No. 3467
A BILL TO BE ENTITLED
AN ACT
relating to the amendment of an existing comprehensive development
agreement for a portion of State Highway 130.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 223.208, Transportation Code, is amended
by adding Subsections (i), (j), and (k) to read as follows:
(i) Notwithstanding Subsection (h), the department may
amend a comprehensive development agreement entered into on or
before March 22, 2007, for State Highway 130 from U.S. Highway 183
to Interstate Highway 10 (Segments 5 and 6) to extend the term of
the agreement for an additional 20 years only if:
(1) the commission determines in a public meeting that
the state will derive a public benefit from extending the term; and
(2) the amendment requires the private participant to
provide funds to the department in an amount determined by the
department.
(j) The funds received under Subsection (i)(2) must be used
by the commission or the department to finance the construction,
maintenance, or operation of transportation projects or air quality
projects in the department districts located in the boundaries of
the metropolitan planning organization in which the project that is
the subject of the comprehensive development agreement described by
Subsection (i) is located. The department shall allocate funds to
the department districts based on the percentage of toll revenue
from users from each of those department districts.
(k) An extension of the term of a comprehensive development
agreement made under Subsection (i) is void if the private
participant sells, transfers, or otherwise conveys the
comprehensive development agreement to another entity.
SECTION 2. This Act takes effect September 1, 2021.