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Bill > HB436


TX HB436

TX HB436
Relating to the cessation of tolls by toll project entities in certain circumstances.


summary

Introduced
11/30/2018
In Committee
02/20/2019
Crossed Over
Passed
Dead
05/27/2019

Introduced Session

86th Legislature Regular Session

Bill Summary

Relating to the cessation of tolls by toll project entities in certain circumstances.

AI Summary

This bill amends the Transportation Code to require the cessation of tolls on a toll project once the costs of acquiring and constructing the project have been paid and the bonds and interest on the bonds have been paid or a sufficient amount has been set aside for their payment. The bill also prohibits toll project entities from amending financing or other agreements to extend the date when a toll project would become part of the state highway system without tolls. Additionally, the bill repeals various provisions related to the use of surplus revenue from toll projects.

Committee Categories

Transportation and Infrastructure

Sponsors (13)

Last Action

Left pending in subcommittee (on 04/17/2019)

bill text


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