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79R7733 JRJ-D

By:  Shapiro                                                      S.B. No. 1384


A BILL TO BE ENTITLED
AN ACT
relating to regional tollway authorities. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 366.033(b), Transportation Code, is amended to read as follows: (b) Rules adopted by the authority must be published in a newspaper with general circulation in the area in which the authority is located once each week for two consecutive weeks after adoption of the rule. The notice must contain a condensed statement of the substance of the rule and must advise that a copy of the complete text of the rule is filed in the principal office of the authority where the text may be read by any person. A rule becomes effective 10 days after the date of the second publication of the notice under this subsection [comply with the procedures in Subchapter B, Chapter 2001, Government Code, and are subject to Section 2001.038, Government Code, except that the action may be brought only in a district court of a county located in the authority]. SECTION 2. Section 366.117(a), Transportation Code, is amended to read as follows: (a) A bank or trust company that has a main or branch office located in [incorporated under the laws of] this state that acts as depository of the proceeds of bonds or of revenue may furnish indemnifying bonds or pledge securities that an authority requires. SECTION 3. Section 366.178, Transportation Code, is amended by adding Subsection (j) to read as follows: (j) This section applies to the collection of a toll on an authority turnpike regardless of whether the toll is remitted to the authority through an agreement with another entity. SECTION 4. This Act takes effect September 1, 2005.