Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 228.112 - Feasibility Study By Municipality, County, or Private Group(a) One or more municipalities, one or more counties, a combination of municipalities and counties, or a private group or combination of individuals in this state may pay all or part of the expenses of studying the cost and feasibility and any other expenses relating to:(1) the preparation and issuance of toll revenue bonds for the construction of a proposed toll project or system;(2) the improvement, extension, or expansion of an existing project or system; or(3) the use of private participation under Subchapter E, Chapter 223.(b) Money spent under Subsection (a) for a proposed toll project or system is reimbursable, with the consent of the commission, to the person paying the expenses out of the proceeds from toll revenue bonds issued for or other proceeds that may be used for the financing, design, development, construction, improvement, extension, expansion, or operation of the project.Tex. Transp. Code § 228.112
Transferred from Transportation Code, Section 361.183 and amended by Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.42, eff. June 14, 2005 Acts 2003, 78th Leg., ch. 1325, Sec. 15.32, eff. June 21, 2003 Amended by Acts 2003, 78th Leg., ch. 312, Sec. 33, eff. June 18, 2003 Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.