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A BILL TO BE ENTITLED
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AN ACT
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relating to the allocation of money associated with delays of |
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transportation projects. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 222, Transportation Code, |
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is amended by adding Section 222.007 to read as follows: |
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Sec. 222.007. ALLOCATION OF MONEY FROM TRANSPORTATION |
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PROJECT DELAYS. (a) The department shall establish a system to |
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track: |
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(1) fees for delays in transportation projects |
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collected by the department from contractors hired by the |
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department; and |
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(2) liquidated damages retained by the department |
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associated with delayed transportation project contracts. |
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(b) The system must allow the department to correlate the |
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fees and liquidated damages with: |
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(1) the project that was the subject of the fees or |
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damages; and |
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(2) each department district in which the project that |
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was the subject of the fees or damages is located. |
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(c) Each year, the department shall: |
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(1) for each department district, determine the amount |
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of money described by Subsection (a) collected or retained in the |
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previous year that is attributable to projects located in the |
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district; and |
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(2) in addition to other amounts, allocate to each |
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department district an amount of money equal to the amount |
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determined for the district under Subdivision (1) to be used for |
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transportation projects located in that district. |
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(d) If a transportation project that was the subject of fees |
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or liquidated damages is located in more than one department |
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district, the department may reasonably allocate the penalty |
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revenue from that project between the districts in which the |
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project is located. |
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SECTION 2. This Act takes effect September 1, 2017. |