By: Krusee H.B. No. 3413
A BILL TO BE ENTITLED
AN ACT
relating to the funding of and contracting for the construction,
maintenance, or operation of toll facilities.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 222.103(h), Transportation Code, is
amended to read as follows:
(h) Money granted by the department each federal fiscal year
under this section may not exceed 30 percent of the obligation
authority under the federal-aid highway program that is distributed
to this state in that year. This limitation does not apply to money
expended on a toll facility from which the department receives all
of the toll revenue.
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.