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SENATE BILL 354 |
SENATE AUTHOR: Lindsay |
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EFFECTIVE: Vetoed |
HOUSE SPONSOR: Coleman |
Senate Bill 354 amends Transportation Code provisions relating to the powers of a local government corporation and competitive bidding requirements. The bill provides that a local government corporation, created for the promotion and development of public transportation facilities and systems, is subject to all state law related to the design and construction of projects, including the procurement of design and construction services, that applies to the local government that created the corporation. If a local government corporation is created by multiple local governments that have different threshold contract amounts at which competitive bidding is required, the lowest amount applies to the corporation. Senate Bill 354 exempts from competitive bidding requirements a corporation created by a municipality to develop a convention center hotel project, a water treatment and distribution facility or the expansion of treatment facilities, or an area within a tax increment reinvestment zone. The board of a local government corporation must submit to the comptroller and to the local government that created the corporation, not later than February 1 of each year, a report stating the corporation's purpose, its total annual revenues and expenditures, and a summary of its activities, including any bonds issued and capital projects undertaken.