A bill to provide for the authority for the successors and assigns of the Starr-Camargo Bridge Company to maintain and operate a toll bridge across the Rio Grande near Rio Grande City, Texas, and for other purposes.

To provide for the authority for the successors and assigns of the Starr-Camargo Bridge Company to maintain and operate a toll bridge across the Rio Grande near Rio Grande City, Texas, and for other purposes. 1. Starr-Camargo Bridge Public Law 87–532 (76 Stat. 153) is amended— (1) in the first section, in subsection (a)(2)— (A) by inserting , and its successors and assigns, State of Texas (B) by inserting consisting of not more than 14 lanes approaches thereto (C) by striking and for a period of sixty-six years from the date of completion of such bridge, (2) in section 2, by inserting and its successors and assigns, companies (3) by redesignating sections 3, 4, and 5 as sections 4, 5, and 6, respectively; (4) by inserting after section 2 the following: 3. Rights of Starr-Camargo Bridge Company and successors and assigns (a) In general The Starr-Camargo Bridge Company and its successors and assigns shall have the rights and privileges granted to the B and P Bridge Company and its successors and assigns under section 2 of the Act of May 1, 1928 (45 Stat. 471, chapter 466). (b) Requirement In exercising the rights and privileges granted under subsection (a), the Starr-Camargo Bridge Company and its successors and assigns shall act in accordance with— (1) just compensation requirements; (2) public proceeding requirements; and (3) any other requirements applicable to the exercise of the rights referred to in subsection (a) under the laws of the State of Texas. ; and (5) in section 4 (as redesignated by paragraph (3))— (A) by inserting and its successors and assigns, such company (B) by striking or public agency, (C) by inserting or to a corporation, international bridge authority or commission, (D) by striking authority, or commission authority, commission, or corporation February 24, 2016 Reported without amendment

Summary: This bill modifies the existing authority for the Starr-Camargo Bridge Company to maintain and operate a toll bridge across the Rio Grande River near Rio Grande City, Texas. The authority, which currently expires 66 years after completion of the bridge (in 1966), is made permanent and expanded to include the successors or assigns of the company. The bridge must not consist of more than 14 lanes. The company and its successors and assigns shall have the rights and privileges granted by federal law to the B and P Bridge Company, and may use eminent domain to acquire certain land needed for the bridge, subject to Texas laws and requirements for just compensation and public proceedings. The company's successors and assigns may fix and charge tolls for transit over the bridge. Those successors and assigns may also sell, assign, transfer, or mortgage the rights, powers, and privileges conferred on the company by the enacting law, to any public agency, to an international bridge authority or commission, or to a corporation. Any such corporation may exercise such rights, powers, and privileges (including acquisition by mortgage foreclosure) as if they had been granted by the enacting law directly to the corporation.