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 amend existing agreements made before March 22, 2007, to extend their terms by up to 20 years. This 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 nontolled transportation projects in the relevant counties, with the requirement that these projects receive county approval before funds can be spent.

Furthermore, the bill mandates that by December 1, 2026, the department must report on the implementation of the amendment to the comprehensive development agreement to the presiding officers of the relevant legislative committees. 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)