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A BILL TO BE ENTITLED
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AN ACT
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relating to requirements for loans or grants provided by the Texas |
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Transportation Commission to aviation facilities located in |
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economically disadvantaged counties. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 21.105(b), Transportation Code, is |
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amended to read as follows: |
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(b) Before approving a loan or grant, the commission shall |
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require that: |
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(1) the airport or facility remain in the control of |
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each political subdivision involved for at least 20 years; |
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(2) the political subdivision disclose the source of |
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all funds for the project and the political subdivision's ability |
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to finance and operate the project; |
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(3) at least: |
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(A) 10 percent of the total project cost be |
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provided by sources other than the state; or |
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(B) if the airport is located in an economically |
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disadvantaged county, as defined by Section 222.053, five percent |
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of the total project cost be provided by sources other than the |
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state; and |
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(4) the project be adequately planned. |
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SECTION 2. This Act takes effect September 1, 2025. |