| TO: | Honorable Todd Staples, Chair, Senate Committee on Transportation & Homeland Security |
| FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
| IN RE: | SB1060 by Whitmire (Relating to the disposition of revenue from local authority agreements with towing companies.), Committee Report 1st House, Substituted |
The bill would amend Chapter 545 of the Transportation Code, relating to the disposition of revenue from local authority agreements with towing companies. The bill would require that any revenue generated under an agreement by a local authority with a towing company to operate on a state highway, including a farm-to-market road or ranch-to-market road, be used by the local authority only for transportation projects or services to improve mobility on those highways or roads.
The bill would take effect immediately if it receives the required two-thirds vote in each house; otherwise, it would take effect September 1, 2005.
If local government entities that have applicable towing agreements in place currently use the revenue generated for purposes other than transportation projects and services, those entities would experience a shift in how the revenue is utilized.
No significant fiscal implication to units of local government is anticipated.
| Source Agencies: |
| LBB Staff: | JOB, SR, DLBa
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