| TO: | Honorable Steve Ogden, Chair, Senate Committee on Infrastructure Development and Security |
| FROM: | John Keel, Director, Legislative Budget Board |
| IN RE: | SB1407 by Estes (Relating to regulation of certain information logo signs along certain major highways.), As Introduced |
This bill would amend the Transportation Code to increase the regulation of certain information logo signs along certain highways and provide additional funding for the Texas Department of Transportation (TxDOT).
Currently, the Texas Transportation Commission is required to erect and maintain information logo signs on eligible highways—those located outside an urbanized area with a population of 50,000 or more. This bill would add limited-access or controlled-access highways located inside an urbanized area with a population of 50,000 or more to the list of eligible highways.
Under the bill, the commission could enter into a contract with an individual, firm, group, or association to erect and maintain these signs for a commercial establishment, including a major shopping area and a major agricultural interest. Contractors would receive a fee for service, and TxDOT would receive 10 percent of any fees collected by a contractor from a commercial establishment.
This bill would take effect September 1, 2003; and the changes would apply only to a contract entered into on or after the effective date of the bill.
The Department of Transportation has indicates it could see a slight increase in revenue of about $195,000 per year to Highway Fund 006 due to the provisions of the bill.
| Source Agencies: | 304 Comptroller of Public Accounts, 601 Department of Transportation
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| LBB Staff: | JK, KG, RR, RT
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