The bill, S.B. No. 1074, proposes amendments to the Transportation Code regarding the comprehensive development agreement for a portion of State Highway 130. It allows the Texas Department of Transportation to extend the term of existing agreements for up to 20 additional years, specifically for agreements made on or before March 22, 2007, between U.S. Highway 183 and Interstate Highway 10. The extension is contingent upon outlining the public benefits of the extension and requiring the private participant to provide agreed-upon consideration.

Additionally, any funds received from this amendment must be allocated for the design, financing, construction, maintenance, and operation of nontolled transportation projects in the relevant counties, with the requirement that these projects receive county approval before funds are spent. The department is also mandated to report on the implementation of these amendments to legislative committees by December 1, 2026, with the provision that this reporting requirement will expire on September 1, 2027. The bill is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Transportation Code 223.208 (Transportation Code 223)