81R1515 SLB-D
 
  By: Carona S.B. No. 404
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the authority of certain toll project entities to enter
  into a comprehensive development agreement.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Sections 223.201(f) and (i), Transportation
  Code, are amended to read as follows:
         (f)  Except as provided by Subsections (h) and (i), the
  authority to enter into comprehensive development agreements
  provided by this section expires on August 31, 2015 [2009].
         (i)  The authority to enter into a comprehensive development
  agreement for a project exempted from Subsection (f) or Section
  223.210(b) expires August 31, 2017 [2011].
         SECTION 2.  Sections 370.305(d) and (f), Transportation
  Code, are amended to read as follows:
         (d)  Except as provided by Subsections (e) and (f), the
  authority to enter into comprehensive development agreements under
  this section expires on August 31, 2015 [2009].
         (f)  The authority to enter into a comprehensive development
  agreement for a project exempted from Subsection (d) or Section
  223.210(b) expires August 31, 2017 [2011].
         SECTION 3.  This Act takes effect September 1, 2009.