1 | 1 | | 89R1753 JAM-D |
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2 | 2 | | By: Metcalf H.B. No. 5346 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | |
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6 | 6 | | |
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7 | 7 | | A BILL TO BE ENTITLED |
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8 | 8 | | AN ACT |
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9 | 9 | | relating to the cessation of tolls by toll project entities in |
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10 | 10 | | certain circumstances. |
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11 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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12 | 12 | | SECTION 1. Chapter 372, Transportation Code, is amended by |
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13 | 13 | | adding Subchapter D to read as follows: |
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14 | 14 | | SUBCHAPTER D. CESSATION OF TOLLS |
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15 | 15 | | Sec. 372.151. DEFINITION. In this subchapter, "toll |
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16 | 16 | | cessation date" means the date on which a project is scheduled to |
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17 | 17 | | become a part of the state highway system maintained by the |
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18 | 18 | | commission under Section 372.152. |
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19 | 19 | | Sec. 372.152. CESSATION OF TOLLS AFTER BOND REQUIREMENTS |
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20 | 20 | | MET. (a) Except as provided by Section 372.153, a toll project |
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21 | 21 | | becomes a part of the state highway system and the commission shall |
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22 | 22 | | maintain the project without tolls when the costs of acquisition |
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23 | 23 | | and construction of the project have been paid and: |
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24 | 24 | | (1) all of the bonds and interest on the bonds that are |
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25 | 25 | | payable from or secured by revenue of the project have been paid by |
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26 | 26 | | the issuer of the bonds or another person with the consent or |
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27 | 27 | | approval of the issuer; or |
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28 | 28 | | (2) a sufficient amount for the payment of all bonds |
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29 | 29 | | and interest on the bonds to maturity has been set aside by the |
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30 | 30 | | issuer of the bonds or another person with the consent or approval |
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31 | 31 | | of the issuer in a trust fund held for the benefit of the |
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32 | 32 | | bondholders. |
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33 | 33 | | (b) A toll project entity may not amend a financing or other |
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34 | 34 | | agreement in a manner that would extend the date by which a toll |
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35 | 35 | | project would become part of the state highway system under |
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36 | 36 | | Subsection (a). |
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37 | 37 | | Sec. 372.153. ELECTION TO CONTINUE TOLLS AFTER TOLL |
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38 | 38 | | CESSATION DATE. (a) A toll project entity may extend by five years |
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39 | 39 | | a toll cessation date of a toll project if the extension is approved |
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40 | 40 | | by a majority of the votes cast at an election held for that |
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41 | 41 | | purpose: |
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42 | 42 | | (1) on a uniform election date before the toll |
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43 | 43 | | cessation date; |
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44 | 44 | | (2) in: |
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45 | 45 | | (A) the territory of the toll project entity; or |
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46 | 46 | | (B) if the toll project entity is the department, |
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47 | 47 | | each county in which the toll project is located; and |
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48 | 48 | | (3) by: |
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49 | 49 | | (A) the toll project entity; or |
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50 | 50 | | (B) if the toll project entity is the department, |
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51 | 51 | | each county in which the toll project is located. |
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52 | 52 | | (b) After an initial election under this section at which an |
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53 | 53 | | extension is approved, the toll project entity may use the process |
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54 | 54 | | established by this subchapter to obtain voter approval for |
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55 | 55 | | subsequent five-year extensions of the toll cessation date for the |
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56 | 56 | | project. |
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57 | 57 | | (c) At an election ordered under this section, the ballots |
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58 | 58 | | must be printed to permit voting for or against the proposition: |
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59 | 59 | | "The continuation of tolls for a period of five years for (toll |
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60 | 60 | | project)." |
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61 | 61 | | Sec. 372.154. REQUEST FOR ELECTION BY DEPARTMENT. (a) If |
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62 | 62 | | the department wishes to extend a toll cessation date for a toll |
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63 | 63 | | project the department shall, not later than nine months before the |
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64 | 64 | | toll cessation date, send to the commissioners court of each county |
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65 | 65 | | in which the toll project is located notice of: |
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66 | 66 | | (1) the toll cessation date for the project; and |
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67 | 67 | | (2) the department's intention to request an election |
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68 | 68 | | for an extension of tolling authority for the project. |
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69 | 69 | | (b) Each commissioners court that receives notice under |
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70 | 70 | | Subsection (a) shall, as soon as practicable after receiving the |
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71 | 71 | | notice, propose to the department: |
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72 | 72 | | (1) one or more uniform election dates occurring |
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73 | 73 | | before the toll cessation date that would allow the county |
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74 | 74 | | sufficient time to comply with applicable provisions of law for |
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75 | 75 | | holding the election; and |
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76 | 76 | | (2) the date by which a request must be submitted by |
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77 | 77 | | the department in order for the county to have sufficient time to |
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78 | 78 | | comply with applicable provisions of law for holding the election. |
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79 | 79 | | (c) If the department submits to a commissioners court a |
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80 | 80 | | request for an election for an extension of tolling authority for |
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81 | 81 | | the project that complies with Subsection (b), the commissioners |
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82 | 82 | | court shall hold the requested election. |
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83 | 83 | | Sec. 372.155. CESSATION OF TOLLS AFTER EXTENSION OF TOLL |
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84 | 84 | | CESSATION DATE. A toll project becomes part of the state highway |
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85 | 85 | | system and the commission shall maintain the project without tolls |
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86 | 86 | | if a five-year toll cessation date extension authorized by an |
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87 | 87 | | election under this subchapter expires and a succeeding five-year |
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88 | 88 | | extension has not been approved at an election under this |
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89 | 89 | | subchapter. |
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90 | 90 | | SECTION 2. Section 373.003, Transportation Code, is amended |
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91 | 91 | | to read as follows: |
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92 | 92 | | Sec. 373.003. PROJECT OWNED IN PERPETUITY. Unless a toll |
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93 | 93 | | project is leased, sold, conveyed, or otherwise transferred to |
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94 | 94 | | another governmental entity in accordance with applicable law, |
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95 | 95 | | including Sections 228.151, 284.011, 366.036, 366.172, [and] |
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96 | 96 | | 370.171, 372.152, and 372.155, a toll project procured by the |
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97 | 97 | | department or a local toll project entity determined by the process |
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98 | 98 | | under Subchapter B is owned by that entity in perpetuity. |
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99 | 99 | | SECTION 3. Sections 284.008(c) and (d), Transportation |
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100 | 100 | | Code, are repealed. |
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101 | 101 | | SECTION 4. This Act takes effect immediately if it receives |
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102 | 102 | | a vote of two-thirds of all the members elected to each house, as |
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103 | 103 | | provided by Section 39, Article III, Texas Constitution. If this |
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104 | 104 | | Act does not receive the vote necessary for immediate effect, this |
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105 | 105 | | Act takes effect September 1, 2025. |
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