Texas Transportation Code
§ 228.013 — DETERMINATION OF FINANCIAL TERMS FOR CERTAIN TOLL PROJECTS
TN § 228.013Title 6. ROADWAYS · Part B. STATE HIGHWAY SYSTEM · Ch. 228. STATE HIGHWAY TOLL PROJECTS · Art. A. GENERAL PROVISIONS
Statute text
View on source(a)This section applies only to a proposed department toll project in which a private entity has a financial interest in the project's performance and for which:
(1)funds dedicated to or controlled by a region will be used;
(2)right-of-way is provided by a municipality or county; or
(3)revenues dedicated to or controlled by a municipality or county will be used.
(b)The distribution of a project's financial risk, the method of financing for a project, and the tolling structure and methodology must be determined by a committee consisting of the following members:
(1)a representative of the department;
…
Legislative history
Added by Acts 2011, 82nd Leg., R.S., Ch. 1345 (S.B. 1420), Sec. 36, eff. September 1, 2011.