Texas SB1074 amends a development agreement for State Highway 130 to extend its term and facilitate nontolled transportation projects.
Texas SB1074 amends an existing comprehensive development agreement for a portion of State Highway 130, specifically for segments 5 and 6 from U.S. Highway 183 to Interstate Highway 10. The amendment allows for the extension of the agreement's term by up to 20 years, contingent on outlining public benefits and requiring private participant consideration. Funds from the agreement must be used for nontolled transportation projects between Interstate Highway 35 and State Highway 130, subject to county approval.
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- Core Provisions
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- Legal Framework
- Critical Issues
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