By: Watson S.B. No. 1488
 
 
 
   
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the authority for the department of transportation to
  enter into a comprehensive development agreement for the financing,
  design, acquisition, construction, maintenance, or operation of a
  rail facility or system.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subsection (a), Section 91.054, Transportation
  Code, is amended to read as follows:
         (a)  To the extent and in the manner that the department may
  enter into a comprehensive development agreement under Chapter 223,
  the department may enter into a comprehensive development agreement
  under this chapter that provides for the financing, design,
  acquisition, construction, maintenance, or operation of a rail
  facility or system. All provisions of Chapter 223 relating to
  comprehensive development agreements apply to comprehensive
  development agreements for facilities under this chapter,
  including provisions relating to the confidentiality of
  information. However, the authority provided under this chapter is
  not subject to the limitations provided by Section 223.201(f) or to
  the limitations on entering into a comprehensive development
  agreement for a project described by Section 223.201(f). Claims
  arising under a comprehensive development agreement are subject to
  Section 201.112.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution. If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2013.