Honorable Robert Nichols, Chair, Senate Committee on Transportation
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB1727 by Nichols (Relating to local government corporations created for the development, construction, operation, management, or financing of transportation projects.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Transportation Code to prohibit a county with a population of more than four million from creating a local government corporation to develop, construct, operate, manage, or finance a toll project or system located in the county.
Local Government Impact
According to the Department of Transportation, the bill could protect local transportation funds garnered by toll road-related revenues from being diverted to non-transportation projects.