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A BILL TO BE ENTITLED
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AN ACT
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relating to comprehensive development agreements for the |
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financing, design, acquisition, construction, maintenance, or |
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operation of certain passenger rail projects. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter Z, Chapter 131, Transportation Code, |
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is amended by adding Section 131.905 to read as follows: |
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Sec. 131.905. COMPREHENSIVE DEVELOPMENT AGREEMENTS FOR |
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CERTAIN RAIL PROJECTS. (a) A comprehensive development agreement |
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for the financing, design, acquisition, construction, maintenance, |
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or operation of a passenger rail project that uses an existing rail |
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corridor may be entered into: |
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(1) by: |
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(A) the department; |
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(B) a regional mobility authority governed by |
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Chapter 370 that was created before January 1, 2003; or |
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(C) a rapid transit authority governed by Chapter |
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451 that was confirmed before July 1, 1985, and in which the |
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principal municipality has a population of less than 850,000; and |
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(2) for: |
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(A) the Elgin Rail project, as identified in the |
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Capital Area Metropolitan Planning Organization long-range |
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transportation plan for 2035; and |
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(B) projects associated with the portion of the |
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MoKan corridor located in Travis County. |
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(b) Notwithstanding Sections 223.201(f) and (i), the |
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provisions of Chapter 223 relating to comprehensive development |
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agreements for a toll project entered into by the department apply |
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to comprehensive development agreements for a rail project entered |
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into by an entity under Subsection (a). |
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(c) Chapter 371 applies to a comprehensive development |
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agreement under Subsection (a) as provided by Section 371.004. |
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SECTION 2. Subchapter A, Chapter 371, Transportation Code, |
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is amended by adding Section 371.004 to read as follows: |
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Sec. 371.004. APPLICABILITY TO CERTAIN RAIL PROJECTS. For |
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the purposes of applying this chapter to a comprehensive |
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development agreement under Section 131.905: |
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(1) "toll project entity" includes an entity that |
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enters into a comprehensive development agreement under that |
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section; |
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(2) "toll project" includes a project under that |
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section; and |
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(3) "toll" means passenger fares and other revenue |
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derived from charges for use of the project. |
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SECTION 3. This Act takes effect September 1, 2013. |
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* * * * * |