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