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Senate Bill 731 |
Senate Author: Nichols |
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Effective: 6-17-11 |
House Sponsor: Kolkhorst |
Senate Bill 731 amends Transportation Code provisions relating to the attorney general's legal sufficiency review of a comprehensive development agreement. The bill requires a toll project entity that submits an agreement to the attorney general to pay a nonrefundable examination fee and to include a complete transcript of proceedings related to the agreement and requires the attorney general to provide a determination not later than 60 business days after receiving the fee and the transcript. The bill authorizes the attorney general to extend the review period for not more than 30 business days if necessary and authorizes a toll project entity to supplement the transcript or amend the agreement to facilitate a redetermination by the attorney general. The bill also prescribes certain limitations on the amount of the fee and authorizes a toll project entity to collect or seek reimbursement of the fee from the private participant in the agreement.