Bill Text: TX SB2260 | 2019-2020 | 86th Legislature | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relating to the grant program distributing money from the transportation infrastructure fund.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2019-04-29 - Co-author authorized [SB2260 Detail]

Download: Texas-2019-SB2260-Introduced.html

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86R14007 MTB-F
By: Flores S.B. No. 2260

A BILL TO BE ENTITLED
AN ACT
relating to the grant program distributing money from the
transportation infrastructure fund.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 256.105(a), Transportation Code, is
amended to read as follows:
(a) Except as provided by Subsection (b), to be eligible to
receive a grant under the program, matching funds must be provided,
from any source, including in-kind contributions, in an amount
equal to at least 20 percent of the amount of the grant.
SECTION 2. Section 256.106(b), Transportation Code, is
amended to read as follows:
(b) The department may use one-half of one percent of the
amount deposited into the fund in the preceding or current fiscal
year, not to exceed $500,000 in a state fiscal biennium, to
administer this subchapter.
SECTION 3. This Act takes effect September 1, 2019.