Transportation Code § 228.013

Sec. 228.013. DETERMINATION OF FINANCIAL TERMS FOR CERTAIN TOLL PROJECTS. (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; (2) a representative of any local toll project entity, as defined by Section 371.001, for the area in which the project is located; (3) a representative of the applicable metropolitan planning organization; and (4) a representative of each municipality or county that has provided revenue or right-of-way as described by Subsection (a). Added by Acts 2011, 82nd Leg., R.S., Ch. 1345 (S.B. 1420), Sec. 36, eff. September 1, 2011. SUBCHAPTER B. USE AND OPERATION OF TOLL PROJECTS OR SYSTEMS