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A BILL TO BE ENTITLED
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AN ACT
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relating to Texas Department of Transportation consideration of |
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financially independent state highway toll projects. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter E, Chapter 222, Transportation Code, |
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is amended by adding Section 222.112 to read as follows: |
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Sec. 222.112. CONSIDERATION OF FINANCIALLY INDEPENDENT |
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PROJECT REQUIRED. The commission by rule shall adopt procedures to |
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require that, for each state highway system project proposed to be a |
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toll project, including a managed lane project, the department |
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consider financing and operating the project as financially |
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independent and not part of a system. |
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SECTION 2. This Act takes effect September 1, 2017. |