By Shapiro                                             S.B. No. 342
         77R3896 JD-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the participation of the Texas Department of
 1-3     Transportation in the acquisition, construction, maintenance, and
 1-4     operation of toll facilities.
 1-5           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-6           SECTION 1.  Section 222.103, Transportation Code, is amended
 1-7     to read as follows:
 1-8           Sec. 222.103.  COST PARTICIPATION.  (a)  The department may
 1-9     participate, by spending money from any available source, in the
1-10     cost of the acquisition, construction, maintenance, or operation of
1-11     a toll facility of a public or private entity on terms and
1-12     conditions established by the commission.  The commission:
1-13                 (1)  may require the repayment of any money spent by
1-14     the department for the cost of a toll facility of a public entity;
1-15     and
1-16                 (2)  shall require the repayment of any money spent by
1-17     the department for the cost of a toll facility of a private
1-18     entity[, including requirements for repayment].
1-19           (b)  Money repaid as required by the commission shall be
1-20     deposited to the credit of the fund from which the expenditure was
1-21     made.
1-22           (c)  A bond or other debt obligation issued by a public or
1-23     private entity to finance the cost of a toll facility in which the
1-24     department participates is an obligation of the issuing entity and
 2-1     is not an obligation of this state. [An entity receiving cost
 2-2     participation from the department under this section is a successor
 2-3     agency to the Texas Turnpike Authority for the purposes of Section
 2-4     52-b, Article III, Texas Constitution.]
 2-5           (d) [(c)]  On the request of a member of the legislature, the
 2-6     department shall provide the member a status report on all highway
 2-7     construction projects, by legislative district, that are under
 2-8     contract or awaiting funding.  The report shall include projects
 2-9     that would be funded in any manner by state, federal, or toll
2-10     funds.
2-11           (e) [(d)]  On the request of a member of the legislature, not
2-12     later than the 90th day before the date a loan is granted or an
2-13     expenditure is made by the department for a project under this
2-14     section, the department shall notify each member of the legislature
2-15     that represents any part of the area affected by the project of the
2-16     status of the project and how any other project in any other
2-17     district would be affected.
2-18           (f)  This section applies to any participation by the
2-19     department in the cost of a project under Chapter 284, 361, or 366.
2-20           (g)  The commission shall adopt rules to implement Subsection
2-21     (a).
2-22           SECTION 2.  Section 361.184(b), Transportation Code, is
2-23     amended to read as follows:
2-24           (b)  The board may transfer, or direct the authority to
2-25     transfer, into the project revolving fund money from any
2-26     permissible source, including:
2-27                 (1)  money from a surplus fund established for a
 3-1     turnpike project if the remainder of the surplus fund is not less
 3-2     than any minimum amount required by the trust agreement to be
 3-3     retained for that project;
 3-4                 (2)  money received under Subchapter I or from a
 3-5     transfer of a turnpike project under Subchapter H;
 3-6                 (3)  money received [advances] from the state highway
 3-7     fund [if the advances are repaid as required by Section 52-b,
 3-8     Article III, Texas Constitution]; and
 3-9                 (4)  contributions or assistance from the United
3-10     States, another state, a political subdivision of this state, the
3-11     United Mexican States, or a political subdivision of the United
3-12     Mexican States.
3-13           SECTION 3.  Section 361.191, Transportation Code, is amended
3-14     to read as follows:
3-15           Sec. 361.191.  EXPENDITURE OF MONEY AUTHORIZED BY DEPARTMENT
3-16     OF TRANSPORTATION.  (a)  The Texas Department of Transportation may
3-17     provide for the expenditure of money for the cost of the
3-18     acquisition, construction, maintenance, or operation of a turnpike
3-19     project by the authority.  The department may require the authority
3-20     to repay money provided under this section from toll revenue or
3-21     other sources on terms established by the commission.
3-22           (b)  Money repaid as required by the department shall be
3-23     deposited to the credit of the fund from which the money was
3-24     provided [If money from the state highway fund is spent under this
3-25     section, the fund shall be repaid from tolls or other turnpike
3-26     revenue].
3-27           SECTION 4.  Sections 362.004(e) and (f), Transportation Code,
 4-1     are amended to read as follows:
 4-2           (e)  If the department spends money [from the state highway
 4-3     fund is spent] under an agreement under this section, the
 4-4     commission may require the authority to [shall] repay the money
 4-5     [the fund] from toll revenue or other sources on terms  established
 4-6     by the commission [tolls or other turnpike revenue].  Money repaid
 4-7     as required by the commission shall be deposited to the credit of
 4-8     the fund from which the expenditure was made.
 4-9           (f)  If the commission finds that the state highway system,
4-10     the state's transportation needs, and overall mobility of the
4-11     traveling public will be enhanced, the commission may enter into an
4-12     agreement with the authority providing for the contribution
4-13     [advance] of money [funds] to the authority to be used for any
4-14     purpose of the revolving fund established and administered by the
4-15     authority under Section 361.184.  The commission may require the
4-16     repayment of [, provided that any] money contributed under this
4-17     subsection [advanced out of the state highway fund shall be repaid
4-18     to the fund] from toll revenue or other sources on terms prescribed
4-19     by the commission [tolls or other turnpike revenue]. Money repaid
4-20     as required by the commission shall be deposited to the credit of
4-21     the fund from which the expenditure was made.
4-22           SECTION 5.  Section 366.174(b), Transportation Code, is
4-23     amended to read as follows:
4-24           (b)  An authority may transfer into its revolving fund money
4-25     from any permissible source, including:
4-26                 (1)  money from a turnpike project if the transfer does
4-27     not diminish the money available for the project or the system, if
 5-1     any, of which it is a part to less than an amount required to be
 5-2     retained by the bond proceedings pertaining to the project or
 5-3     system;
 5-4                 (2)  money received by the authority from any source
 5-5     and not otherwise committed, including money from the transfer of a
 5-6     turnpike project or system or sale of authority assets;
 5-7                 (3)  money received from the state highway fund
 5-8     [advances authorized under Section 52-b, Article III, Texas
 5-9     Constitution]; and
5-10                 (4)  contributions, loans, grants, or assistance from
5-11     the United States, another state, a political subdivision of this
5-12     state, a foreign governmental entity, including the United Mexican
5-13     States or a state of the United Mexican States, a local
5-14     governmental entity, any private enterprise, or any person.
5-15           SECTION 6.  Section 366.301(c), Transportation Code, is
5-16     amended to read as follows:
5-17           (c)  An obligation or expense incurred by the commission or
5-18     department under this section is a part of the cost of the turnpike
5-19     project for which the obligation or expense was incurred.  The
5-20     commission or department may require money contributed by the
5-21     commission or department [Money from the state highway fund spent]
5-22     under this section to [must] be repaid from tolls or other revenue
5-23     of the turnpike project or system on which the money [from the
5-24     state highway fund] was spent [expended].  Money repaid as required
5-25     by the commission or department shall be deposited to the credit of
5-26     the fund from which the contribution was made.
5-27           SECTION 7.  Section 361.055, Transportation Code, is
 6-1     repealed.
 6-2           SECTION 8.  This Act takes effect on the date on which the
 6-3     constitutional amendment proposed by __.J.R. No.__, 77th
 6-4     Legislature, Regular Session, 2001, authorizing aid for turnpikes,
 6-5     toll roads, and toll bridges, takes effect.  If that amendment is
 6-6     not approved by the voters, this Act has no effect.