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A BILL TO BE ENTITLED
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AN ACT
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relating to the amendment of an existing comprehensive development |
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agreement for a portion of State Highway 130 to facilitate |
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nontolled transportation projects. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 223.208, Transportation Code, is amended |
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by adding Subsections (i), (j), and (k) to read as follows: |
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(i) Notwithstanding Subsection (h), the department shall |
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amend a comprehensive development agreement entered into on or |
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before March 22, 2007, for State Highway 130 from U.S. Highway 183 |
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to Interstate Highway 10 (Segments 5 and 6) to extend the term of |
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the agreement for up to 20 additional years if the amendment: |
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(1) outlines the public benefit to be derived from |
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extending the term; and |
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(2) requires the private participant to provide |
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consideration in the manner or amount agreed to by the department |
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and the private participant in accordance with the requirements of |
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the amendment. |
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(j) Any funds received under Subsection (i)(2) must be used |
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by the department, or on behalf of the department using the |
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department's procurement process, for the design, financing, |
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construction, maintenance, and operation of nontolled |
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transportation projects between Interstate Highway 35 and State |
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Highway 130 to be located wholly or partly in a county in which the |
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project that is the subject of the comprehensive development |
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agreement described by Subsection (i) is located. Each nontolled |
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transportation project under this subsection must be approved by |
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the county in which the project is located before the expenditure of |
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funds by the department or on the department's behalf. |
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(k) Not later than December 1, 2026, the department shall |
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report on the implementation of the amendment to the comprehensive |
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development agreement described by Subsection (i) to the presiding |
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officer of each standing committee of the legislature with primary |
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jurisdiction over the department. This subsection expires |
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September 1, 2027. |
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SECTION 2. This Act takes effect September 1, 2025. |