78R9715 MTB-F
By: Krusee H.B. No. 2962
Substitute the following for H.B. No. 2962:
By: Phillips C.S.H.B. No. 2962
A BILL TO BE ENTITLED
AN ACT
relating to the use of shadow tolls for financing certain highway
facilities.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter E, Chapter 222, Transportation Code,
is amended by adding Section 222.104 to read as follows:
Sec. 222.104. SHADOW TOLLS. (a) In this section, "shadow
toll" means a per vehicle fee or a per vehicle mile fee that is
determined by the number of vehicles using a highway.
(b) The department may enter into an agreement with a public
or private entity that provides for the payment of shadow tolls to
the public or private entity as reimbursement for the construction,
maintenance, or operation of a toll or nontoll facility on the
state highway system by the public or private entity.
(c) The department may enter into an agreement with a public
or private entity that provides for the payment of shadow tolls to
the department as reimbursement for the department's construction,
maintenance, or operation of a toll or nontoll facility on the state
highway system that is financed by the public or private entity.
(d) The department may enter into an agreement with a
regional mobility authority, a regional tollway authority, or a
county acting under Chapter 284 that provides for:
(1) the payment of shadow tolls to the authority or
county as compensation for the payment of all or a portion of the
costs of maintaining a state highway or a portion of a state highway
converted to a toll facility of the authority or county that the
department estimates it would have incurred if the highway had not
been converted; or
(2) the payment by an authority or county of shadow
tolls to the department as reimbursement for all or a portion of the
costs incurred by the department to design, construct, and maintain
a state highway or a portion of a state highway converted to a toll
facility of the authority or county.
(e) The department or other public entity may use any
available funds for the purpose of making a shadow toll payment
under this section.
(f) The commission may adopt rules necessary to implement
this section. Rules adopted under this subsection may establish
criteria for:
(1) determining the amount of shadow tolls to be paid
under this section; and
(2) allocating the risk that traffic volume will be
higher or lower than the parties to an agreement under this section
anticipated in entering the agreement.
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.