By: Pickett H.B. No. 3830
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to a toll project entity's analysis of financing
  alternatives for a toll project.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  S
  ubchapter A, Chapter 372, Transportation Code,
  is amended by adding Section 372.002 to read as follows:
         Sec. 372.002.  CONSIDERATION OF STAND-ALONE FINANCING
  REQUIRED.  (a)  A toll project entity having rulemaking authority by
  rule and a toll project entity without rulemaking authority by
  official action of its governing body shall adopt procedures to
  require that, for each toll project proposed by the toll project
  entity, including a tolled managed lane project, the toll project
  entity shall perform an analysis of the feasibility of financing
  the project as a stand-alone project before the toll project entity
  may create a system composed of the toll project or add the toll
  project to an existing system.
         (b)  The procedures shall require the toll project entity to
  coordinate with local elected officials representing political
  subdivisions in which the proposed toll project is located when
  deciding whether the project should be financed as a stand-alone
  project or as part of a system, including providing a copy of the
  analysis to those local elected officials.
         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, 2017.