78R1773 JTS-D

By:  King                                                         H.B. No. 186

relating to the powers and duties of a regional mobility authority, including the power to issue bonds and the power of eminent domain. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 361.003, Transportation Code, is amended by adding Subsections (m) and (n) to read as follows: (m) The governing body of a regional mobility authority has the same powers and duties that the commission has under: (1) Subchapter D relating to the condemnation of real property; and (2) Subchapter E relating to the issuance of turnpike revenue bonds. (n) The governing body of a regional mobility authority may enter into an exclusive development agreement as defined by commission rule. SECTION 2. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2003.