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HB2003 • 2025

Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.

Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Harris | Orr | Metcalf | Morales, Eddie | Harris Davila
Last action
2025-05-29
Official status
05/29/2025 E Effective on 9/1/25
Effective date
2025-05-29

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.

Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.

What This Bill Does

  • Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-05-29 Texas Legislature Online

    Signed by the Governor

  2. 2025-05-29 Texas Legislature Online

    Effective on 9/1/25

  3. 2025-05-20 Texas Legislature Online

    Signed in the House

  4. 2025-05-20 Texas Legislature Online

    Signed in the Senate

  5. 2025-05-20 Texas Legislature Online

    Sent to the Governor

  6. 2025-05-19 Texas Legislature Online

    Co-sponsor authorized

  7. 2025-05-19 Texas Legislature Online

    Rules suspended-Regular order of business

  8. 2025-05-19 Texas Legislature Online

    Record vote

  9. 2025-05-19 Texas Legislature Online

    Read 2nd time & passed to 3rd reading

  10. 2025-05-19 Texas Legislature Online

    Record vote

  11. 2025-05-19 Texas Legislature Online

    Three day rule suspended

  12. 2025-05-19 Texas Legislature Online

    Record vote

  13. 2025-05-19 Texas Legislature Online

    Read 3rd time

  14. 2025-05-19 Texas Legislature Online

    Passed

  15. 2025-05-19 Texas Legislature Online

    Record vote

  16. 2025-05-19 Texas Legislature Online

    Senate passage reported

  17. 2025-05-19 Texas Legislature Online

    Reported enrolled

  18. 2025-05-16 Texas Legislature Online

    Placed on intent calendar

  19. 2025-05-14 Texas Legislature Online

    Scheduled for public hearing on . . .

  20. 2025-05-14 Texas Legislature Online

    Considered in public hearing

  21. 2025-05-14 Texas Legislature Online

    Testimony taken in committee

  22. 2025-05-14 Texas Legislature Online

    Vote taken in committee

  23. 2025-05-14 Texas Legislature Online

    Reported favorably w/o amendments

  24. 2025-05-14 Texas Legislature Online

    Committee report printed and distributed

  25. 2025-04-29 Texas Legislature Online

    Read first time

  26. 2025-04-29 Texas Legislature Online

    Referred to Transportation

  27. 2025-04-28 Texas Legislature Online

    Received from the House

  28. 2025-04-25 Texas Legislature Online

    Read 3rd time

  29. 2025-04-25 Texas Legislature Online

    Passed

  30. 2025-04-25 Texas Legislature Online

    Record vote. RV#574

  31. 2025-04-25 Texas Legislature Online

    Statement(s) of vote recorded in Journal

  32. 2025-04-25 Texas Legislature Online

    Reported engrossed

  33. 2025-04-24 Texas Legislature Online

    Placed on General State Calendar

  34. 2025-04-24 Texas Legislature Online

    Read 2nd time

  35. 2025-04-24 Texas Legislature Online

    Passed to engrossment

  36. 2025-04-24 Texas Legislature Online

    Record vote. RV#528

  37. 2025-04-22 Texas Legislature Online

    Considered in Calendars

  38. 2025-04-16 Texas Legislature Online

    Committee report sent to Calendars

  39. 2025-04-15 Texas Legislature Online

    Comte report filed with Committee Coordinator

  40. 2025-04-15 Texas Legislature Online

    Committee report distributed

  41. 2025-04-09 Texas Legislature Online

    Considered in formal meeting

  42. 2025-04-09 Texas Legislature Online

    Reported favorably w/o amendment(s)

  43. 2025-04-03 Texas Legislature Online

    Scheduled for public hearing on . . .

  44. 2025-04-03 Texas Legislature Online

    Recalled from subcommittee

  45. 2025-04-03 Texas Legislature Online

    Considered in public hearing

  46. 2025-04-03 Texas Legislature Online

    Testimony taken/registration(s) recorded in committee

  47. 2025-04-03 Texas Legislature Online

    Left pending in committee

  48. 2025-03-31 Texas Legislature Online

    Scheduled for public hearing in s/c on . . .

  49. 2025-03-31 Texas Legislature Online

    Withdrawn from schedule

  50. 2025-03-14 Texas Legislature Online

    Read first time

  51. 2025-03-14 Texas Legislature Online

    Referred to s/c on Transportation Funding by Speaker

  52. 2025-01-22 Texas Legislature Online

    Filed

Official Summary Text

Relating to provision to the Texas Department of Transportation of information regarding certain high-speed rail projects.

Current Bill Text

Read the full stored bill text
89(R) HB 2003 - Enrolled version - Bill Text

H.B. No. 2003

AN ACT

relating to provision to the Texas Department of Transportation of

information regarding certain high-speed rail projects.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Subchapter B, Chapter 111, Transportation Code,

is amended by adding Section 111.059 to read as follows:

Sec.

111.059.

INFORMATION ON CERTAIN HIGH-SPEED RAIL

PROJECTS. (a) In this section, "high-speed rail" has the meaning

assigned by Section 112.201.

(b)

An entity that proposes a high-speed rail project shall

submit to the department each year that the project is included in

the Texas Rail Plan the following information:

(1)

the proposed method of financing of the

construction or acquisition of the project, including:

(A)

the extent to which funds for financing are

currently available; and

(B) for any securities to be issued:

(i)

the approximate terms of sale and total

fixed charges of the securities;

(ii)

whether the securities issued will be

underwritten by industries to be served by the proposed line; and

(iii)

an explanation of how the fixed

charges will be met;

(2) a recent balance sheet;

(3)

a present value determination of the full costs of

the proposal;

(4)

if construction is proposed, the costs for each

year of the construction;

(5)

a proposed schedule for completion of the project,

including timeline for permitting, funding, and land acquisition;

(6) ridership projections and methodology;

(7) the proposed route;

(8)

an organization chart of the entity's management

and staff; and

(9)

a disclosure of any current or planned foreign

investment in the project.

(c)

The department shall make the information submitted

under this section available to the public on the department's

Internet website.

SECTION 2. This Act takes effect September 1, 2025.

______________________________

______________________________

President of the Senate

Speaker of the House

I certify that H.B. No. 2003 was passed by the House on April

25, 2025, by the following vote: Yeas 127, Nays 0, 1 present, not

voting.

______________________________

Chief Clerk of the House

I certify that H.B. No. 2003 was passed by the Senate on May

19, 2025, by the following vote: Yeas 22, Nays 9.

______________________________

Secretary of the Senate

APPROVED: _____________________

Date

_____________________

Governor