Texas Transportation Code

§ 370.317 — AGREEMENTS WITH LOCAL GOVERNMENTS

TN § 370.317Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 370. REGIONAL MOBILITY AUTHORITIES · Art. G. PARTICIPATION IN FINANCING, CONSTRUCTION, AND OPERATION OF TRANSPORTATION PROJECTS

Statute text

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(a)In this section, "local government" means a:

(1)county, municipality, special district, or other political subdivision of this state;

(2)local government corporation created under Subchapter D, Chapter 431; or

(3)combination of two or more entities described by Subdivision (1) or (2).

(b)A local government may enter into an agreement with an authority or a private entity under which the local government assists in the financing of the construction, maintenance, and operation of a turnpike project located in the government's jurisdiction in return for a percentage of the revenue from the project.

(c)A local government may use any revenue available for road purposes, including bond and tax proceeds, to provide financing under Subsection (b).

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Legislative history

Acts 2011, 82nd Leg., R.S., Ch. 1279 (H.B. 1112), Sec. 17, eff. June 17, 2011.