Texas 2025 - 89th Regular

Texas Senate Bill SB1074 Latest Draft

Bill / Introduced Version Filed 02/03/2025

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                            89R9815 CXP-D
 By: Zaffirini S.B. No. 1074




 A BILL TO BE ENTITLED
 AN ACT
 relating to the amendment of an existing comprehensive development
 agreement for a portion of State Highway 130 to facilitate
 nontolled transportation projects.
 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 shall
 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 up to 20 additional years if the amendment:
 (1)  outlines the public benefit to be derived from
 extending the term; and
 (2)  requires the private participant to provide
 consideration in the manner or amount agreed to by the department
 and the private participant in accordance with the requirements of
 the amendment.
 (j)  Any funds received under Subsection (i)(2) must be used
 by the department, or on behalf of the department using the
 department's procurement process, for the design, financing,
 construction, maintenance, and operation of nontolled
 transportation projects between Interstate Highway 35 and State
 Highway 130 to be located wholly or partly in a county in which the
 project that is the subject of the comprehensive development
 agreement described by Subsection (i) is located.  Each nontolled
 transportation project under this subsection must be approved by
 the county in which the project is located before the expenditure of
 funds by the department or on the department's behalf.
 (k)  Not later than December 1, 2026, the department shall
 report on the implementation of the amendment to the comprehensive
 development agreement described by Subsection (i) to the presiding
 officer of each standing committee of the legislature with primary
 jurisdiction over the department.  This subsection expires
 September 1, 2027.
 SECTION 2.  This Act takes effect September 1, 2025.