Bill Text: TX SB184 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the state highway fund.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-01-27 - Referred to Finance [SB184 Detail]
Download: Texas-2015-SB184-Introduced.html
| 84R528 JAM-D | ||
| By: Schwertner | S.B. No. 184 | |
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| relating to the state highway fund. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 201.115(d), Transportation Code, is | ||
| amended to read as follows: | ||
| (d) Notwithstanding Section 222.001, money in the state | ||
| highway fund may be used to repay a loan under this section, if | ||
| permissible under the Texas Constitution and appropriated by the | ||
| legislature for that purpose. | ||
| SECTION 2. Section 222.001, Transportation Code, is amended | ||
| by amending Subsection (a) and adding Subsection (c) to read as | ||
| follows: | ||
| (a) Money that is required to be used for public roadways by | ||
| the Texas Constitution or federal law and that is deposited in the | ||
| state treasury to the credit of the state highway fund, including | ||
| money deposited to the credit of the state highway fund under Title | ||
| 23, United States Code, may be used only: | ||
| (1) to improve the state highway system; or | ||
| (2) to mitigate adverse environmental effects that | ||
| result directly from construction or maintenance of a state highway | ||
| by the department[ |
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| (c) Except as otherwise provided by this code, money in the | ||
| state highway fund that is not described by Subsection (a) may be | ||
| used only to improve the state highway system. | ||
| SECTION 3. Section 222.073, Transportation Code, is amended | ||
| to read as follows: | ||
| Sec. 222.073. PURPOSES OF INFRASTRUCTURE BANK. To the | ||
| extent permissible under [ |
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| commission shall use money deposited in the bank to: | ||
| (1) encourage public and private investment in | ||
| transportation facilities both within and outside of the state | ||
| highway system, including facilities that contribute to the | ||
| multimodal and intermodal transportation capabilities of the | ||
| state; and | ||
| (2) develop financing techniques designed to: | ||
| (A) expand the availability of funding for | ||
| transportation projects and to reduce direct state costs; | ||
| (B) maximize private and local participation in | ||
| financing projects; and | ||
| (C) improve the efficiency of the state | ||
| transportation system. | ||
| SECTION 4. Section 222.002, Transportation Code, is | ||
| repealed. | ||
| SECTION 5. This Act takes effect September 1, 2017. | ||
| SECTION 6. This Act takes effect only if the constitutional | ||
| amendment proposed by the 84th Legislature, Regular Session, 2015, | ||
| prescribing the purposes for which revenue from motor vehicle | ||
| registration fees, taxes on motor fuels and lubricants, and certain | ||
| revenues received from the federal government may be used is | ||
| approved by the voters. If that amendment is not approved by the | ||
| voters, this Act has no effect. | ||
