TO: | Honorable Larry Phillips, Chair, House Committee on Transportation |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | HB3649 by Harper-Brown (Relating to approval required for modifications to certain toll projects and related contracts.), As Introduced |
The bill would amend Section 228.013 of the Transportation Code relating to the responsibilities of a committee required to determine the distribution of financial risk, method of financing, and the tolling structure and methodology for certain toll projects in which a private entity has a financial interest in the project's performance. The bill would prohibit the Texas Department of Transportation (TxDOT) from substantially modifying the scope, terms, or contract schedules determined by the committee for certain toll projects without committee approval of the proposed modification.
Source Agencies: | 601 Department of Transportation
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LBB Staff: | UP, AG, MW, TG
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