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A BILL TO BE ENTITLED
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AN ACT
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relating to a one-year moratorium on the collection of tolls. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 372, Transportation Code, |
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is amended by adding Section 372.059 to read as follows: |
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Sec. 372.059. ONE-YEAR TOLL MORATORIUM. (a) |
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Notwithstanding any other law, a toll project entity may not charge |
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a toll for use of a toll project between September 1, 2023, and |
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August 31, 2024. |
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(b) The department shall make all required payments on all |
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obligations of a toll project entity that are payable from or |
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secured by revenues of a toll project, including bonds or interest |
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on those bonds. |
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(c) This section expires September 1, 2024. |
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SECTION 2. This Act takes effect September 1, 2023. |