Texas SB1557 amends the Transportation Code to modify powers and procedures of regional transportation authorities.

Texas SB1557 amends the Transportation Code to modify powers and procedures of regional transportation authorities. It establishes a general mobility program for municipalities within these authorities, allowing up to 25% of sales and use tax revenue to fund activities like sidewalk and trail construction. The bill also adjusts the rates at which sales and use taxes can be imposed and collected, and outlines conditions under which tax rates can be decreased. Additionally, it specifies how unused tax revenue must be used to pay down debt. The changes take effect September 1, 2025.

Texas SB1557 amends the Transportation Code to modify powers and procedures of regional transportation authorities.

Texas SB1557 amends the Transportation Code to modify powers and procedures of regional transportation authorities. It establishes a general mobility program for municipalities within these authorities, allowing up to 25% of sales and use tax revenue to fund activities like sidewalk and trail construction. The bill also adjusts the rates at which sales and use taxes can be imposed and collected, and outlines conditions under which tax rates can be decreased. Additionally, it specifies how unused tax revenue must be used to pay down debt. The changes take effect September 1, 2025.