TO: | Honorable Mike Krusee, Chair, House Committee on Transportation |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB965 by Shapiro (Relating to the powers and duties of a regional tollway authority related to turnpikes and other related projects.), As Engrossed |
The bill would amend the Transportation Code to give a regional tollway authority the power to enter into a comprehensive development agreement (CDA) with a private entity to design, develop, finance, construct, maintain, repair, operate, extend, or expand a turnpike project. The authority would be required to allocate the distribution of funds received to the counties of the authority based on the percentage of toll revenue from users, from each county, of the project that is the subject of the CDA. In addition, without supervision or regulation by a state agency or local government entity, the board of a regional tollway authority would be allowed to authorize use of surplus revenue of a turnpike project or system for the study, design, construction, maintenance, repair, and operation of a highway or similar facility that is not a turnpike project in certain circumstances.
The regional tollway authority would be required to adopt rules governing (1) the award of contracts for engineering, design, construction, and maintenance services in a single procurement and (2) the award of contracts using construction manager-at-risk procedures.
If an authority is requested by the Texas Transportation Commission to participate in the development of a turnpike project that has been designated as part of the Trans-Texas Corridor, the authority would have the same powers granted under Chapter 366, Transportation Code, as those of the Texas Department of Transportation.
The bill would take effect September 1, 2007.
Source Agencies: | 601 Department of Transportation
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LBB Staff: | JOB, KJG, DB
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