TITLE: Relating to the study of an economic impact zone by the Texas Department of Transportation.

SUMMARY: Relating to the study of an economic impact zone by the Texas Department of Transportation.

FULL TEXT:
AN ACT relating to the study of an economic impact zone by the Texas Department of Transportation. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. (a) Contingent on the enactment of S.B. 84 or similar legislation by the 85th Legislature, Regular Session, 2017, allowing the Texas Department of Transportation to finance a highway project using a transportation impact zone, the Texas Department of Transportation shall: (1) conduct a study on the benefits, limitations, and effects of the use of the zone; and (2) provide to the legislature a report containing the findings of the study not later than December 1, 2018. (b) If S.B. 84 or similar legislation is not enacted by the 85th Legislature, Regular Session, 2017, Subsection (a) of this section has no effect. (c) This section expires January 1, 2019. SECTION 2. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution.