Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 460.055 - Duties of Interim Executive Committee(a) The interim executive committee shall elect three of its members to serve as the chair, vice chair, and secretary.(b) The interim executive committee shall develop a service plan and determine a proposed tax not later than the 180th day after the date of the interim executive committee's first meeting.(c) The interim executive committee shall hold at least one regular meeting a month for the purpose of developing a service plan and determining a proposed tax rate.(d) The interim executive committee shall consider the following in developing the service plan: (1) the regional transportation plan for the county and major thoroughfare plan;(2) actual and projected traffic counts of private passenger vehicles and projected destinations of the vehicles;(3) feasible alternative modes of public transportation, including:(A) a fixed guideway system;(B) passenger commercial carriers;(C) dedicated thoroughfare lanes;(E) high occupancy toll lanes;(F) traffic management systems; and(G) bus transit and associated lanes;(4) the most efficient location of collection points and transfer points;(5) alternative routes linking access and discharge points;(6) alternative alignments using least populous areas if right-of-way acquisition will be required for a transit route;(7) estimates of capital expenditures for a functional public transportation system;(8) various forms of public transportation consistent with use of transit routes, including for each form a determination of:(A) cost per passenger per mile;(B) the capital expense of acquisition of the public transportation system;(C) costs associated with the acquisition, improvement, or modification of the transit way; and(D) maintenance and operating costs;(9) administrative overhead costs separately from other costs;(10) load factors based on surveys, interviews, and other reasonable quantification for the modes of transportation;(11) a fare structure for the ridership of the public transportation system by mode;(12) a comparison of revenue from all sources, including fares, fees, grants, and debt issuance, with estimated costs and expenses;(13) revenue minus expenses expressed numerically and a per rider factor for each trip or segment of a trip;(14) if the service plan contemplates joint use of other transit systems or transfer to them, estimated dates of access; and(15) segments of the service plan separately if:(A) some segments are more profitable than others; or(B) some segments show a smaller deficit than others.Tex. Transp. Code § 460.055
Added by Acts 2001, 77th Leg., ch. 1186, Sec. 1, eff. Sept. 1, 2001.