Bill Text: TX SB1733 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to financial reporting requirements for toll projects.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-03-14 - Referred to Transportation [SB1733 Detail]
Download: Texas-2019-SB1733-Introduced.html
86R4996 AAF-D | ||
By: Paxton | S.B. No. 1733 |
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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. |