Transportation Code › Title 6 › Chapter 222 › Subchapter D

Texas Transportation Code § 222.073

Purposes of Infrastructure Bank

Funding and Federal Aid · State Infrastructure Bank

Notwithstanding Section 222.001, the commission shall use money deposited in the bank to:

(1) encourage public and private investment in transportation facilities both within and outside of the state highway system, including facilities that contribute to the multimodal and intermodal transportation capabilities of the state; and

(2) develop financing techniques designed to:

(A) expand the availability of funding for transportation projects and to reduce direct state costs;

(B) maximize private and local participation in financing projects; and

(C) improve the efficiency of the state transportation system.

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

Official source
Legislative history

Added by Acts 1997, 75th Leg., ch. 1171, Sec. 1.21, eff. Sept. 1, 1997.

Acts 2005, 79th Leg., Ch. 1267 (H.B. 2134), Sec. 2, eff. June 18, 2005.

This section refers to

§ 222.001

Sections that refer to this one

§ 222.074