TX
Texas Senate Bill SB1384

Texas 2025 - 89th Regular

Texas Senate Bill SB1384

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the provision by a regional mobility authority of financial assistance for transportation projects of governmental entities located in the area of the authority; providing authority to issue bonds.

Impact

The impact of SB1384 on state laws lies primarily in the modification of how regional mobility authorities can interact with governmental entities regarding transportation projects. By enabling these authorities to issue revenue bonds and provide different forms of financial assistance, including loans and credit enhancements, the bill aims to create a framework for more substantial collaboration between state finance mechanisms and local governmental transportation projects. This change may lead to more efficient transportation project completions and more cohesive infrastructure strategies across Texas.

Summary

SB1384 proposes to amend the Transportation Code to enhance the capabilities of regional mobility authorities by allowing them to provide financial assistance for transportation projects undertaken by governmental entities within their jurisdiction. This bill would authorize these authorities to issue bonds, which would facilitate funding for various transportation-related projects. The bill aims to streamline financial resources and support local governmental entities in fulfilling their transportation objectives, thereby potentially improving infrastructure across the state.

Contention

There may be points of contention surrounding SB1384, particularly relating to the authority it grants to regional mobility entities. Concerns could arise regarding the transparency and accountability of the financial assistance provided, as well as the long-term implications of government debt incurred through the issuance of bonds. Proponents may argue that the bill facilitates necessary advancements in transportation, while critics could contend that it centralizes too much power within regional authorities and undermines the autonomy of local governmental entities in managing their transportation needs.

Texas Constitutional Statutes Affected

Transportation Code

  • Chapter 370. Regional Mobility Authorities
    • Section: 174
    • Section: New Section

Government Code

  • Chapter 1201. Public Security Procedures Act
    • Section: New Section
  • Chapter 1202. Examination And Registration Of Public Securities
    • Section: New Section
  • Chapter 1204. Interest Rate
    • Section: New Section
  • Chapter 1371. Obligations For Certain Public Improvements
    • Section: New Section

Companion Bills

TX HB4888

Identical Relating to the provision by a regional mobility authority of financial assistance for transportation projects of governmental entities located in the area of the authority; providing authority to issue bonds.

Previously Filed As

TX HB2449

Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.

TX HB5282

Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.

TX HB5359

Relating to the creation of the Williamson County Development District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX SB2629

Relating to the authority of the Roman Forest Public Utility District No. 4 for road projects; providing authority to issue bonds.

TX HB5400

Relating to the creation of the Presidio International Port Authority District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX SB2614

Relating to the creation of the Presidio International Port Authority District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX SB2070

Relating to the funding of projects by the Public Utility Commission of Texas to promote the reliability and resiliency of the power grid in this state; authorizing the issuance of revenue bonds.

TX SB2611

Relating to the creation of the Northeast Houston Redevelopment District; providing authority to issue bonds; providing authority to impose assessments or fees.

TX SB2369

Relating to the reliability and resiliency of the power grid in this state; authorizing the issuance of revenue bonds.

TX HB5375

Relating to the creation of the Montgomery County Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

Similar Bills

MI HB6269

Transportation: funds; funding for urban and rural bus programs; modify. Amends sec. 10e of 1951 PA 51 (MCL 247.660e). TIE BAR WITH: HB 6270'24

IN SB0166

Public-private agreements.

MI HB4941

Torts: governmental immunity; liability for highway defects; clarify that governmental tort liability act applies to county road commissions. Amends sec. 2 of 1964 PA 170 (MCL 691.1402). TIE BAR WITH: HB 4940'23

TX SB1018

Relating to the agreements, costs, revenues, and finances of regional tollway authorities; authorizing taxes, fees, and assessments.

LA HB749

Provides relative to transportation network company requirements

LA HB572

Establishes requirements for transportation network companies

LA HB575

Establishes requirements for transportation network companies (EN +$115,000 SG EX See Note)

TX HB4888

Relating to the provision by a regional mobility authority of financial assistance for transportation projects of governmental entities located in the area of the authority; providing authority to issue bonds.