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89(R) HB 2876 - Engrossed version - Bill Text
89R9815 CXP-D
By: Gerdes, Canales, et al.
H.B. No. 2876
A BILL TO BE ENTITLED
AN ACT
relating to the amendment of an existing comprehensive development
agreement for a portion of State Highway 130 to facilitate
nontolled transportation projects.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 223.208, Transportation Code, is amended
by adding Subsections (i), (j), and (k) to read as follows:
(i)
Notwithstanding Subsection (h), the department shall
amend a comprehensive development agreement entered into on or
before March 22, 2007, for State Highway 130 from U.S. Highway 183
to Interstate Highway 10 (Segments 5 and 6) to extend the term of
the agreement for up to 20 additional years if the amendment:
(1)
outlines the public benefit to be derived from
extending the term; and
(2)
requires the private participant to provide
consideration in the manner or amount agreed to by the department
and the private participant in accordance with the requirements of
the amendment.
(j)
Any funds received under Subsection (i)(2) must be used
by the department, or on behalf of the department using the
department's procurement process, for the design, financing,
construction, maintenance, and operation of nontolled
transportation projects between Interstate Highway 35 and State
Highway 130 to be located wholly or partly in a county in which the
project that is the subject of the comprehensive development
agreement described by Subsection (i) is located.
Each nontolled
transportation project under this subsection must be approved by
the county in which the project is located before the expenditure of
funds by the department or on the department's behalf.
(k)
Not later than December 1, 2026, the department shall
report on the implementation of the amendment to the comprehensive
development agreement described by Subsection (i) to the presiding
officer of each standing committee of the legislature with primary
jurisdiction over the department.
This subsection expires
September 1, 2027.
SECTION 2. This Act takes effect September 1, 2025.