Bill Text: TX HB803 | 2019-2020 | 86th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to financial reporting requirements of a toll project entity.
Spectrum: Moderate Partisan Bill (Republican 31-7)
Status: (Passed) 2019-06-10 - Effective on 9/1/19 [HB803 Detail]
Download: Texas-2019-HB803-Introduced.html
Bill Title: Relating to financial reporting requirements of a toll project entity.
Spectrum: Moderate Partisan Bill (Republican 31-7)
Status: (Passed) 2019-06-10 - Effective on 9/1/19 [HB803 Detail]
Download: Texas-2019-HB803-Introduced.html
86R4996 AAF-D | ||
By: Patterson | H.B. No. 803 |
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relating to financial reporting requirements for toll projects. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter B, Chapter 372, Transportation Code, | ||
is amended by adding Section 372.054 to read as follows: | ||
Sec. 372.054. FINANCIAL REPORTING REQUIREMENTS FOR TOLL | ||
PROJECTS. Not later than December 31 of each year, a toll project | ||
entity shall publish on the entity's Internet website a report on | ||
the entity's annual financial data, including toll revenue, | ||
operational expenses, and outstanding debt, for each toll project | ||
acquired, designed, constructed, operated, or maintained by the | ||
entity. | ||
SECTION 2. This Act takes effect September 1, 2019. |