Texas 2021 87th Regular

Texas House Bill HB4420 Introduced / Bill

Filed 03/12/2021

                    87R9532 MWC-D
 By: Krause H.B. No. 4420


 A BILL TO BE ENTITLED
 AN ACT
 relating to a study and analysis by the comptroller on delivery
 methods used for certain projects of the Texas Department of
 Transportation and the Texas Water Development Board.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  STUDY AND ANALYSIS OF PROJECT DELIVERY METHODS.
 (a) The comptroller of public accounts, in conjunction with the
 Texas Department of Transportation and the Texas Water Development
 Board, shall conduct a study on the economic impact and feasibility
 of public-private partnerships as an alternative delivery method
 for certain projects of the department and board.
 (b)  In conducting the study, the comptroller shall analyze
 each project submitted under Subsection (c) of this section and
 determine for each project:
 (1)  the feasibility of using an alternative project
 delivery method, including the use of private financing;
 (2)  the estimated savings to this state if the project
 used an alternative project delivery method, including private
 financing;
 (3)  the estimated amount of local money necessary to
 construct or complete the project using traditional project
 delivery methods compared to the money necessary for the project
 using an alternative project delivery method, including private
 financing; and
 (4)  the amount of additional money available to other
 regions of this state if the project used an alternative project
 delivery method, including private financing.
 (c)  Not later than December 31, 2021:
 (1)  the Texas Department of Transportation shall
 conduct a comprehensive review of all proposed road projects with a
 project value of more than $1 billion and submit a report of those
 projects to the comptroller for analysis under Subsection (b) of
 this section; and
 (2)  the Texas Water Development Board shall conduct a
 comprehensive review of all projects in the state water plan with an
 estimated project value of more than $1 billion and submit a report
 of those projects to the comptroller for analysis under Subsection
 (b) of this section.
 SECTION 2.  REPORT TO THE LEGISLATURE. Not later than
 September 1, 2022, the comptroller of public accounts shall submit
 to the governor, the lieutenant governor, the speaker of the house
 of representatives, and the presiding officer of each standing
 committee of the legislature with jurisdiction over transportation
 and water matters a report on the results of the study and analysis
 conducted under Section 1 of this Act and any recommendations of the
 comptroller relating to the study, including any statutory changes
 necessary.
 SECTION 3.  EXPIRATION. This Act expires September 1, 2023.
 SECTION 4.  EFFECTIVE DATE. This Act takes effect September
 1, 2021.