Bill Text: TX HB2795 | 2023-2024 | 88th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the amendment of an existing comprehensive development agreement for a portion of State Highway 130.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Engrossed - Dead) 2023-05-01 - Referred to Transportation [HB2795 Detail]
Download: Texas-2023-HB2795-Introduced.html
Bill Title: Relating to the amendment of an existing comprehensive development agreement for a portion of State Highway 130.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Engrossed - Dead) 2023-05-01 - Referred to Transportation [HB2795 Detail]
Download: Texas-2023-HB2795-Introduced.html
88R8914 CXP-F | ||
By: Canales | H.B. No. 2795 |
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relating to the amendment of an existing comprehensive development | ||
agreement for a portion of State Highway 130. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 223.208, Transportation Code, is amended | ||
by adding Subsections (i) and (j) to read as follows: | ||
(i) Not later than September 1, 2024, and 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 benefit the state will derive from | ||
extending the term; and | ||
(2) requires the private participant to provide funds | ||
to the department not later than December 31, 2024, in an amount | ||
agreed to by the department and the private participant in | ||
accordance with the requirements of the amendment. | ||
(j) The 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, and | ||
construction of a nontolled connector 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. The | ||
connector shall be owned by the department. | ||
SECTION 2. This Act takes effect September 1, 2023. |