Transportation Code › Title 6 › Chapter 202 › Subchapter B

Texas Transportation Code § 202.027

Reimbursement to County or Municipality

Control of Transportation Assets · Sale, Exchange, or Return of Highway Property

(a) If real property owned by the state and sold under this subchapter was acquired by a county or municipality and if a part of that acquisition cost was reimbursed to the county or municipality by the state, the department may pay the county or municipality a percentage of the proceeds of the sale that is equal to the percentage of the value or cost not reimbursed to the county or municipality at the time of the initial acquisition.

(b) Reimbursement under this section applies only to real property that the commission determines was never used for the purpose for which it was acquired.

Official text of the Texas Transportation Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.