Relating to the cessation of tolls by toll project entities in certain circumstances.
Impact
Notably, the bill proposes amendments to several sections of the Texas Transportation Code. Following the cessation of tolls, projects could either integrate into the state highway system or remain within the jurisdiction of the county where they are located, thus necessitating coordination with the Legislative Budget Board for maintenance responsibilities. Additionally, the bill establishes guidelines on how the revenue generated from these toll projects can be managed, particularly ensuring that funds are not misappropriated between different projects.
Summary
House Bill 2323 addresses the process of ceasing tolls by toll project entities under specific circumstances. The bill mandates that once the cost of acquisition and construction for a toll project is paid off, along with all associated bonds and their interest, the tolls should be terminated. This legislation seeks to establish a clear framework for when tolls can be abolished, promoting a transition of toll roads into the state highway system or county road systems as applicable. It aims to enhance the clarity and streamline the process associated with the ending of toll collections.
Contention
A critical element of this bill is its call for a study by the Texas Department of Transportation, which is tasked with reporting the costs related to the cessation of toll collections across the state, and identifying all existing toll roads. This aspect underlines the state’s responsibility in managing these transitions and determining future costs associated with the maintenance of such infrastructure without toll revenue.
Further_notes
Moreover, the bill repeals certain existing provisions of the Transportation Code that may interfere with its enforcement. It emphasizes a strategic shift to maintain toll roads without the financial burden of toll collections post-bond obligations, ensuring smoother transitions for both the projects and the communities they serve.
Oklahoma Turnpike Authority; prohibiting certain Authority from charging certain tolls on certain turnpike projects in certain circumstance. Effective date.