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SENATE BILL 657 |
SENATE AUTHOR: Barrientos et al. |
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EFFECTIVE: 9-1-97 |
HOUSE SPONSOR: Siebert |
Senate Bill 657 authorizes the creation of an intermunicipal commuter rail district to provide commuter rail service between two municipalities, each of which has a population of more than 450,000, that are located not farther than 100 miles apart. A district is created on passage of a resolution favoring the creation of the district by the governing body of each municipality and by the governing body of each county in which a creating municipality is located. The act allows certain political subdivisions to become part of the district, provides for the creation and membership of a board of directors, establishes the powers and duties of the district, and makes a district a governmental unit subject to review under the Texas Sunset Act. The act also includes provisions relating to bonds and notes, competitive bids, exemption from state and local taxes, transportation infrastructure, and the collection of sales and use taxes.