Bill Text: TX HB3674 | 2015-2016 | 84th Legislature | Introduced


Bill Title: Relating to the provision of financial assistance by the Texas Department of Transportation to other toll project entities.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2015-04-29 - Left pending in subcommittee [HB3674 Detail]

Download: Texas-2015-HB3674-Introduced.html
  84R7190 JAM-F
 
  By: Anchia H.B. No. 3674
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the provision of financial assistance by the Texas
  Department of Transportation to other toll project entities.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Sections 222.103(a) and (c), Transportation
  Code, are amended to read as follows:
         (a)  The department may participate, by spending money from
  any available source, in the cost of the acquisition, construction,
  maintenance, or operation of a toll facility by a transportation
  corporation created by the commission under Chapter 431 [of a
  public or private entity] on terms and conditions established by
  the commission. The commission[:
               [(1)]  may require the repayment of any money spent by
  the department for the cost of a toll facility [of a public entity;
  and
               [(2)     shall require the repayment of any money spent by
  the department for the cost of a toll facility of a private entity].
         (c)  A bond or other debt obligation issued by a
  transportation corporation [public or private entity] to finance
  the cost of a toll facility in which the department participates is
  an obligation of the issuing entity and is not an obligation of this
  state.
         SECTION 2.  Section 284.003(d), Transportation Code, is
  amended to read as follows:
         (d)  If the county constructs, acquires, improves, operates,
  maintains, or pools a project under this chapter, before December
  31 of each even-numbered year the county shall submit to the
  department a plan for the project that includes the time schedule
  for the project and describes the use of project funds.  The plan
  may provide for and permit the use of project funds and other
  money[, including state or federal funds,] available to the county
  for roads, streets, highways, and other related facilities in the
  county that are not part of a project under this chapter.  A plan is
  not subject to approval, supervision, or regulation by the
  commission or the department, except that:
               (1)  [any use of state or federal highway funds must be
  approved by the commission;
               [(2)]  any work on a highway in the state highway system
  must be approved by the department; and
               (2) [(3)]  the department shall supervise and regulate
  work on a highway in the state highway system.
         SECTION 3.  Section 284.006, Transportation Code, is amended
  to read as follows:
         Sec. 284.006.  FEDERAL OR STATE AID. (a) A county may:
               (1)  accept from the United States or this state
  assistance or a loan, gift, grant, or contribution to acquire,
  construct, improve, maintain, pool, or operate a project under this
  chapter; and
               (2)  enter into agreements with the United States or
  this state for the acquisition, construction, improvement,
  maintenance, pooling, or operation of the project.
         (b)  The commission or the department may provide a loan,
  grant, contribution, or other assistance to a county for a project
  only if the project:
               (1)  is in the state highway system; and
               (2)  is designed, constructed, operated, repaired, or
  maintained by the county on behalf of the department.
         SECTION 4.  Section 284.008(a), Transportation Code, is
  amended to read as follows:
         (a)  The commission may:
               (1)  [provide for and contribute toward the
  acquisition, construction, improvement, operation, maintenance, or
  pooling of a project under this chapter and under terms to which the
  commission and the local government corporation or county agree
  that are consistent with the rights of bondholders or a person
  operating the project under a lease or other contract;
               [(2)]  lease a project under terms:
                     (A)  to which the county or local government
  corporation acting under this chapter and the commission agree; and
                     (B)  that are consistent with the bond instrument;
  and
               (2) [(3)]  declare any part of a project under this
  chapter to be a part of the state highway system and operate any
  part of a project as part of the state highway system, to the extent
  that property and contract rights in the project and bonds are not
  affected unfavorably.
         SECTION 5.  Section 366.033, Transportation Code, is amended
  by amending Subsection (a) and adding Subsection (m) to read as
  follows:
         (a)  An authority, acting through its board, without state
  approval, supervision, or regulation, may:
               (1)  adopt rules for the regulation of its affairs and
  the conduct of its business;
               (2)  adopt an official seal;
               (3)  study, evaluate, design, acquire, construct,
  maintain, repair, and operate turnpike projects, individually or as
  one or more systems;
               (4)  acquire, hold, and dispose of property in the
  exercise of its powers and the performance of its duties under this
  chapter;
               (5)  enter into contracts or operating agreements with
  similar authorities or agencies of the United States, a state of the
  United States, the United Mexican States, or a state of the United
  Mexican States;
               (6)  enter into contracts or agreements necessary or
  incidental to its duties and powers under this chapter;
               (7)  cooperate and work directly with property owners
  and governmental agencies and officials to support an activity
  required to promote or develop a turnpike project or system;
               (8)  employ and set the compensation and benefits of
  administrators, consulting engineers, attorneys, accountants,
  construction and financial experts, superintendents, managers,
  full-time and part-time employees, agents, consultants, and such
  other persons as the authority considers necessary or useful;
               (9)  receive loans, gifts, grants, and other
  contributions for the construction of a turnpike project or system
  and receive contributions of money, property, labor, or other
  things of value from any source, including the United States, a
  state of the United States, the United Mexican States, a state of
  the United Mexican States, [the commission, the department,] any
  subdivision of the state, or any other local governmental or
  private entity, to be used for the purposes for which the grants or
  contributions are made, and enter into any agreement necessary for
  the grants or contributions;
               (10)  install, construct, maintain, repair, renew,
  relocate, and remove public utility facilities in, on, along, over,
  or under a turnpike project;
               (11)  organize a corporation under Chapter 431 for the
  promotion and development of turnpike projects and systems;
               (12)  adopt and enforce rules not inconsistent with
  this chapter for the use of any turnpike project or system,
  including traffic and other public safety rules;
               (13)  enter into leases, operating agreements, service
  agreements, licenses, franchises, and similar agreements with
  public or private parties governing the parties' use of all or any
  portion of a turnpike project and the rights and obligations of the
  authority with respect to a turnpike project; and
               (14)  do all things necessary or appropriate to carry
  out the powers expressly granted by this chapter.
         (m)  The commission or the department may provide a loan,
  grant, contribution, or other assistance to an authority for a
  turnpike project only if the project:
               (1)  is on the state highway system; and 
               (2)  is designed, constructed, operated, repaired, or
  maintained by the authority on behalf of the department.
         SECTION 6.  Section 366.113(a), Transportation Code, is
  amended to read as follows:
         (a)  The principal of, interest on, and any redemption
  premium on bonds issued by an authority are payable solely from:
               (1)  the revenue of the turnpike project or system for
  which the bonds are issued, including tolls pledged to pay the
  bonds;
               (2)  payments made under an agreement with [the
  commission or] a local governmental entity as provided by
  Subchapter G;
               (3)  money derived from any other source available to
  the authority, other than money derived from a turnpike project
  that is not part of the same system or money derived from a
  different system, except to the extent that the surplus revenue of a
  turnpike project or system has been pledged for that purpose; and
               (4)  amounts received under a credit agreement relating
  to the turnpike project or system for which the bonds are issued.
         SECTION 7.  Section 366.174(b), Transportation Code, is
  amended to read as follows:
         (b)  An authority may transfer into its revolving fund money
  from any permissible source, including:
               (1)  money from a turnpike project if the transfer does
  not diminish the money available for the project or the system, if
  any, of which it is a part to less than an amount required to be
  retained by the bond proceedings pertaining to the project or
  system;
               (2)  money received by the authority from any source
  and not otherwise committed, including money from the transfer of a
  turnpike project or system or sale of authority assets; and
               (3)  [money received from the state highway fund; and
               [(4)]  contributions, loans, grants, or assistance
  from the United States, another state, a political subdivision of
  this state, a foreign governmental entity, including the United
  Mexican States or a state of the United Mexican States, a local
  governmental entity, any private enterprise, or any person.
         SECTION 8.  Section 370.033, Transportation Code, is amended
  by amending Subsections (a) and (m) and adding Subsection (s) to
  read as follows:
         (a)  An authority, through its board, may:
               (1)  adopt rules for the regulation of its affairs and
  the conduct of its business;
               (2)  adopt an official seal;
               (3)  study, evaluate, design, finance, acquire,
  construct, maintain, repair, and operate transportation projects,
  individually or as one or more systems, provided that a
  transportation project that is subject to Subpart C, 23 C.F.R. Part
  450, is:
                     (A)  included in the plan approved by the
  applicable metropolitan planning organization; and
                     (B)  consistent with the statewide transportation
  plan and the statewide transportation improvement program;
               (4)  acquire, hold, and dispose of property in the
  exercise of its powers and the performance of its duties under this
  chapter;
               (5)  enter into contracts or operating agreements with
  a similar authority, another governmental entity, or an agency of
  the United States, a state of the United States, the United Mexican
  States, or a state of the United Mexican States;
               (6)  enter into contracts or agreements necessary or
  incidental to its powers and duties under this chapter;
               (7)  cooperate and work directly with property owners
  and governmental entities and officials to support an activity
  required to promote or develop a transportation project;
               (8)  employ and set the compensation and benefits of
  administrators, consulting engineers, attorneys, accountants,
  construction and financial experts, superintendents, managers,
  full-time and part-time employees, agents, consultants, and other
  persons as the authority considers necessary or useful;
               (8-a)  participate in the state travel management
  program administered by the comptroller for the purpose of
  obtaining reduced airline fares and reduced travel agent fees,
  provided that the comptroller may charge the authority a fee not to
  exceed the costs incurred by the comptroller in providing services
  to the authority;
               (9)  notwithstanding Sections 221.003 and 222.031 and
  subject to Subsections (j), [and] (m), and (s), apply for, directly
  or indirectly receive and spend loans, gifts, grants, and other
  contributions for any purpose of this chapter, including the
  construction of a transportation project, and receive and spend
  contributions of money, property, labor, or other things of value
  from any source, including the United States, a state of the United
  States, the United Mexican States, a state of the United Mexican
  States, the commission, the department, a subdivision of this
  state, or a governmental entity or private entity, to be used for
  the purposes for which the grants, loans, or contributions are
  made, and enter into any agreement necessary for the grants, loans,
  or contributions;
               (10)  install, construct, or contract for the
  construction of public utility facilities, direct the time and
  manner of construction of a public utility facility in, on, along,
  over, or under a transportation project, or request the removal or
  relocation of a public utility facility in, on, along, over, or
  under a transportation project;
               (11)  organize a corporation under Chapter 431 for the
  promotion and development of transportation projects;
               (12)  adopt and enforce rules not inconsistent with
  this chapter for the use of any transportation project, including
  tolls, fares, or other user fees, speed and weight limits, and
  traffic and other public safety rules, provided that an authority
  must consider the same factors that the Texas Turnpike Authority
  division of the department must consider in altering a prima facie
  speed limit under Section 545.354;
               (13)  enter into leases, operating agreements, service
  agreements, licenses, franchises, and similar agreements with a
  public or private party governing the party's use of all or any
  portion of a transportation project and the rights and obligations
  of the authority with respect to a transportation project;
               (14)  borrow money from or enter into a loan agreement
  or other arrangement with the state infrastructure bank, the
  department, or the commission, subject to Subsection (s), or with
  any other public or private entity; and
               (15)  do all things necessary or appropriate to carry
  out the powers and duties expressly granted or imposed by this
  chapter.
         (m)  If an authority receives money from the general revenue
  fund, the Texas Mobility Fund, or the state highway fund it may use
  the money only to acquire, design, finance, construct, operate, or
  maintain a turnpike project under Section 370.003(14)(A) or (D) or
  a transit system under Section 370.351, except that money received
  from the Texas Mobility Fund or the state highway fund may be used
  only as provided by Subsection (s).
         (s)  The commission or the department may provide a loan,
  grant, contribution, or other assistance to an authority for a
  turnpike project only if the project:
               (1)  is on the state highway system; and
               (2)  is designed, constructed, operated, repaired, or
  maintained by the authority on behalf of the department.
         SECTION 9.  Section 370.173, Transportation Code, is amended
  by adding Subsection (e) to read as follows:
         (e)  Money received from the state highway fund may only be
  spent or advanced from the revolving fund for a transit system under
  Section 370.351 or for a turnpike project that:
               (1)  is on the state highway system; and
               (2)  is designed, constructed, operated, repaired, or
  maintained by the authority on behalf of the department.
         SECTION 10.  Sections 222.103(f), 284.008(b), 366.301, and
  370.301, Transportation Code, are repealed.
         SECTION 11.  (a)  The changes in law made by this Act apply
  only to a loan, grant, contribution, or other assistance provided
  by the Texas Department of Transportation on or after the effective
  date of this Act.
         (b)  The repeal by this Act of Sections 222.103(f),
  284.008(b), 366.301, and 370.301, Transportation Code, does not
  affect any obligations outstanding immediately before the
  effective date of this Act.
         (c)  A loan, grant, contribution, or other assistance
  provided before the effective date of this Act is governed by the
  law in effect on the date the loan, grant, contribution, or other
  assistance is provided, and the former law is continued in effect
  for that purpose.
         SECTION 12.  This Act takes effect September 1, 2015.
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