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A BILL TO BE ENTITLED
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AN ACT
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relating to money allocated under the federal-aid highway program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 222, Transportation Code, |
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is amended by adding Section 222.036 to read as follows: |
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Sec. 222.036. FEDERAL-AID HIGHWAY PROGRAM OPT-OUT. (a) To |
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the extent permitted by federal law, the governor shall waive the |
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state's right to receive money allocated under the federal-aid |
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highway program and instead elect to receive the portion of the |
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taxes appropriated to the Highway Trust Fund under Section 9503, |
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Internal Revenue Code of 1986, that is attributable to highway |
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users in the state, as calculated by the federal law permitting the |
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waiver and election. |
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(b) A waiver made under Subsection (a) must comply with all |
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applicable federal requirements associated with the waiver. |
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SECTION 2. (a) The comptroller shall conduct a study of |
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how the state might benefit from withdrawing from the federal-aid |
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highway program. The study conducted under this section must |
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identify and analyze: |
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(1) methods by which the state can withdraw from the |
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federal-aid highway program, including methods that are not |
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dependent on approval of the federal government; and |
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(2) the costs and benefits associated with each |
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method. |
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(b) Not later than January 1, 2017, the comptroller shall |
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submit to the legislature and the presiding officers of the |
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standing committees of the senate and the house of representatives |
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that have jurisdiction over issues related to transportation a |
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report containing a summary of the study conducted under Subsection |
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(a) of this section. |
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SECTION 3. This Act takes effect September 1, 2015. |