Bill Text: TX HB3682 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to the appropriation of money from the economic stabilization fund to the state highway fund for terminating comprehensive development agreements related to State Highway 130.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2013-03-21 - Referred to Appropriations [HB3682 Detail]
Download: Texas-2013-HB3682-Introduced.html
| By: Workman | H.B. No. 3682 | |
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| relating to the appropriation of money from the economic | ||
| stabilization fund to the state highway fund for terminating | ||
| comprehensive development agreements related to State Highway 130. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Contingent on the receipt by this state of | ||
| federal funds in the amount of $1.5 Billion to be used for the | ||
| purposes described by this Act, an amount not to exceed $1.5 billion | ||
| is appropriated from the economic stabilization fund to the | ||
| comptroller, in the state fiscal year ending August 31, 2014, for | ||
| the purpose of depositing that amount to the credit of the state | ||
| highway fund as money available for use by the Texas Department of | ||
| Transportation for the purposes of: | ||
| (1) terminating all comprehensive development | ||
| agreements relating to construction of or improvements to State | ||
| Highway 130, Segments 1-6, including payments for debt obligations | ||
| incurred under an agreement and termination payments under Section | ||
| 371.101, Transportation Code; and | ||
| (2) converting State Highway 130 into Interstate | ||
| Highway 35E. | ||
| SECTION 2. This Act takes effect September 1, 2013, but only | ||
| if it receives a vote of two-thirds of the members present in each | ||
| house of the legislature, as provided by Section 49-g(m), Article | ||
| III, Texas Constitution. | ||
