reglab/housing_qa huggingface dataset:
TX Transp Code § 463.107 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter C. Management of Authority|Section 463.107. Duration of Contracts

Sec. 463.107.  DURATION OF CONTRACTS.  An authority may contract for payment with debt obligations and for performance and payments to extend longer than one fiscal year if the contract provides for the discharge of the authority's contractual obligations by any method, including:(1)  committing current year funds or cancellation charges;  and(2)  making the contract subject to the future availability of funds.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.108 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter C. Management of Authority|Section 463.108. Security

Sec. 463.108.  SECURITY.  The executive committee may establish a security force and provide for the employment of security personnel.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.109 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter C. Management of Authority|Section 463.109. Budget Recommendations

Sec. 463.109.  BUDGET RECOMMENDATIONS.  The executive committee shall make a proposed annual budget available to the commissioners courts of the counties in the authority at least 30 days before the date of the adoption by the executive committee of the final annual budget.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.110 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter C. Management of Authority|Section 463.110. Financial Audits

Sec. 463.110.  FINANCIAL AUDITS.  (a)  The executive committee of an authority shall have an annual audit of the affairs of the authority prepared by an independent certified public accountant or a firm of independent certified public accountants.(b)  The final audit report is open to public inspection.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.151 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter D. Station or Terminal Complex Systems|Section 463.151. Station or Terminal Complex: System Plan

Sec. 463.151.  STATION OR TERMINAL COMPLEX:  SYSTEM PLAN.  (a)  An authority may not acquire an interest in real property for a station or terminal complex unless the station or terminal complex is included in the public transportation system in a comprehensive service plan approved by a resolution of the executive committee.  A mass transit facility of an authority is not a station or terminal complex under this subchapter unless the facility is included in the authority's comprehensive service plan under this section.(b)  A station or terminal complex may not be included in a public transportation system unless the executive committee first finds that the station or complex:(1)  will encourage and provide for efficient and economical public transportation;(2)  will facilitate access to public transportation and provide for other public transportation purposes;(3)  will reduce vehicular congestion and air pollution; and(4)  is reasonably essential to the successful operation of the public transportation system.(c)  On making a finding under Subsection (b), the executive committee may amend the authority's comprehensive service plan to include a station or terminal complex.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.152 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter D. Station or Terminal Complex Systems|Section 463.152. Station or Terminal Complex: Facilities

Sec. 463.152.  STATION OR TERMINAL COMPLEX:  FACILITIES.  A station or terminal complex of an authority:(1)  must include adequate provisions for the transfer of passengers among the various means of transportation available to the complex; and(2)  may include provisions for residential, institutional, recreational, commercial, and industrial facilities.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.153 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter D. Station or Terminal Complex Systems|Section 463.153. Station or Terminal Complex: Location

Sec. 463.153.  STATION OR TERMINAL COMPLEX: LOCATION.  An authority shall determine the location of a station or terminal complex after notice and a hearing.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.1535 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter D. Station or Terminal Complex Systems|Section 463.1535. Approval of Municipality

Sec. 463.1535.  APPROVAL OF MUNICIPALITY.  The location of a station or terminal complex in a municipality or in the extraterritorial jurisdiction of a municipality must be approved, as to conformity with the comprehensive or general plan of the municipality, by a motion, resolution, or ordinance adopted by the governing body of the municipality.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.154 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter D. Station or Terminal Complex Systems|Section 463.154. Transfer of Real Property in Station or Terminal Complex

Sec. 463.154.  TRANSFER OF REAL PROPERTY IN STATION OR TERMINAL COMPLEX.  (a)  An authority may transfer to any person by any means, including sale or lease, an interest in real property in a station or terminal complex and may contract with respect to it, in accordance with the comprehensive service plan approved by the executive committee, and subject to terms:(1)  the executive committee finds to be in the public interest or necessary to carry out this section; and(2)  specified in the instrument transferring the title or right of use.(b)  A transfer must be at the fair value of the interest transferred considering the use designated for the real property in the authority's comprehensive service plan.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.201 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.201. Definition

Sec. 463.201.  DEFINITION.  In this subchapter, "bond" includes a note.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.202 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.202. Power to Issue Bonds

Sec. 463.202.  POWER TO ISSUE BONDS.  (a)  An authority may issue bonds at any time and for any amounts it considers necessary or appropriate for:(1)  the acquisition, construction, repair, equipping, improvement, or extension of its public transportation system; or(2)  creating or funding self-insurance or retirement or pension fund reserves.(b)  An authority may exercise the powers granted to the governing body of an issuer in connection with the issuance of obligations and the execution of credit agreements under Chapter 1371, Government Code.(c)  A bond that has a maturity longer than five years from the date of issuance may not be issued by an authority until an election has been held and the proposition proposing the issue has been approved by a majority of the votes received on the issue.(d)  Subsection (c) does not apply to:(1)  refunding bonds;(2)  bonds described by Subsection (a)(2); or(3)  commercial paper notes having maturities of 270 days or less that are authorized to be issued and reissued from time to time under a commercial paper program in a maximum principal amount that the chief financial officer certifies, based on reasonable estimates of pledged revenue, can be repaid in full within five years after the date of authorization of the commercial paper program, taking into consideration any other bonds or notes having a prior or parity lien on the pledged revenue, regardless of the final date of the commercial paper program.(e)  A commercial paper program described by Subsection (d)(3) may not be continued beyond five years unless, before issuing any note with a maturity exceeding five years from the date of the initial authorization of the program or five years from the date of any new certification, the chief financial officer provides a new certification that the maximum principal amount of the program, based on reasonable estimates of pledged revenue, can be repaid in full within five years after the date of the most recent new certification, taking into consideration any other bonds or notes having a prior or parity lien on the pledged revenue.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.203 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.203. Bond Terms

Sec. 463.203.  BOND TERMS.  (a)  An authority's bonds are fully negotiable.  An authority may make the bonds redeemable before maturity at the price and subject to the terms that are provided in the authority's resolution authorizing the bonds.  The authority's resolution authorizing the bonds may contain any other terms the executive committee considers appropriate.(b)  A bond issued under this subchapter is not a debt or pledge of the faith and credit of the state, a political subdivision included in the boundaries of the authority, or any other political subdivision of the state.(c)  Each bond issued by an authority under this subchapter must contain on its face a statement substantially  to the effect that:(1)  the state, a political subdivision included in the boundaries of the authority, or any other political subdivision of the state is not obligated to pay the principal of or the interest on the bond; and(2)  the faith and credit and taxing power of the state, a political subdivision included in the boundaries of the authority, or any other political subdivision of the state are not pledged to the payment of the principal of or the interest on the bond.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.204 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.204. Sale

Sec. 463.204.  SALE.  An authority's bonds may be sold at a public or private sale as determined by the executive committee to be the more advantageous.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.205 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.205. Approval; Registration

Sec. 463.205.  APPROVAL;  REGISTRATION.  (a)  An authority's bonds and the records relating to their issuance shall be submitted to the attorney general for examination before the bonds may be delivered.(b)  If the attorney general finds that the bonds have been issued in conformity with the constitution and this chapter and that the bonds will be a binding obligation of the issuing authority, the attorney general shall approve the bonds.(c)  After the bonds are approved by the attorney general, the comptroller shall register the bonds.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.206 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.206. Incontestability

Sec. 463.206.  INCONTESTABILITY.  Bonds are incontestable after they are:(1)  approved by the attorney general;(2)  registered by the comptroller; and(3)  sold and delivered to the purchaser.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.207 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.207. Security Pledged

Sec. 463.207.  SECURITY PLEDGED.  (a)  To secure the payment of an authority's bonds, the authority may:(1)  pledge any part of the revenue of the public transportation system;(2)  mortgage any part of the public transportation system, including any part of the system subsequently acquired;(3)  pledge all or part of funds the federal government has committed to the authority as grants in aid; and(4)  provide that a pledge of revenue described by Subdivision (1) is a first or subordinate lien or charge against that revenue.(b)  Under Subsection (a)(2), an authority may, subject to the terms of the bond indenture or the resolution authorizing the issuance of the bonds, encumber a separate item of the public transportation system and acquire, use, hold, or contract for the property by lease, chattel mortgage, or other conditional sale including an equipment trust transaction.(c)  An authority may not issue bonds secured by ad valorem tax revenue.(d)  An authority is not prohibited by this subchapter from encumbering one or more public transportation systems to purchase, construct, extend, or repair one or more other public transportation systems of the authority.(e)  The authority may pledge funds described by Subsection (a)(3):(1)  as the sole security for the bonds; or(2)  in addition to any other security described by this section.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.208 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.208. Use of Revenue

Sec. 463.208.  USE OF REVENUE.  Revenue in excess of amounts pledged under Section 463.207(a)(1) shall be used to:(1)  pay the expenses of operation and maintenance of a public transportation system, including salaries, labor, materials, and repairs necessary to provide efficient service and every other proper item of expense; and(2)  fund operating reserves.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.209 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.209. Refunding Bonds

Sec. 463.209.  REFUNDING BONDS.  An authority may issue refunding bonds for the purposes and in the manner authorized by general law, including Chapter 1207, Government Code.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.210 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.210. Bonds as Authorized Investments

Sec. 463.210.  BONDS AS AUTHORIZED INVESTMENTS.  (a)  An authority's bonds are authorized investments for:(1)  a bank;(2)  a savings bank;(3)  a trust company;(4)  a savings and loan association; and(5)  an insurance company.(b)  The bonds, when accompanied by all appurtenant, unmatured coupons and to the extent of the lesser of their face value or market value, are eligible to secure the deposit of public funds of this state, a political subdivision of this state, and any other political corporation of this state.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.211 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.211. Exchange of Bonds for Existing System

Sec. 463.211.  EXCHANGE OF BONDS FOR EXISTING SYSTEM.  An authority's revenue bonds may be exchanged, instead of cash, for the property of all or part of an existing public transportation system to be acquired by the authority.  If the property is owned by a corporation that will dissolve simultaneously with the exchange, the authority may acquire the stock of the corporation.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.212 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter E. Bonds|Section 463.212. Tax Exemption

Sec. 463.212.  TAX EXEMPTION.  The interest on bonds issued by an authority is exempt from state and local taxes.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.251 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter F. Executive Committee|Section 463.251. Composition

Sec. 463.251.  COMPOSITION.  (a)  The executive committee of an authority is the board of directors of the regional planning commission established for the area of the authority under Chapter 391, Local Government Code.(b)  Service on the executive committee by a public officer or employee is an additional duty of the office or employment.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.252 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter F. Executive Committee|Section 463.252. Officers

Sec. 463.252.  OFFICERS.  (a)  The officers elected by the board of directors of the regional planning commission described by Section 463.251(a) shall serve as the officers of the executive committee.(b)  The executive committee may appoint, as necessary, members or nonmembers as assistant secretaries.(c)  The secretary or assistant secretary shall:(1)  keep permanent records of each proceeding and transaction of the authority;  and(2)  perform other duties assigned by the executive committee.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.253 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter F. Executive Committee|Section 463.253. Conflicts of Interest

Sec. 463.253.  CONFLICTS OF INTEREST.  Members of the executive committee and officers of the authority are subject to Chapter 171, Local Government Code.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.254 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter F. Executive Committee|Section 463.254. Meetings

Sec. 463.254.  MEETINGS.  (a)  The executive committee shall hold at least one regular meeting each month to transact the business of an authority.(b)  On written notice, the presiding officer may call special meetings as necessary.(c)  The executive committee by resolution shall:(1)  set the time, place, and day of the regular meetings; and(2)  adopt rules and bylaws as necessary to conduct meetings.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.255 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter F. Executive Committee|Section 463.255. Voting Requirements

Sec. 463.255.  VOTING REQUIREMENTS.  A majority of the members of the executive committee constitutes a quorum, and when a quorum is present, action may be taken by a majority vote of the members present unless the bylaws require a larger number for a particular action.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.301 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter G. Creation of Authorities|Section 463.301. Creation of Authority Authorized

Sec. 463.301.  CREATION OF AUTHORITY AUTHORIZED.  The board of directors of the regional planning commission established for the area included in the boundaries of the counties to which this chapter applies may initiate the process to create a regional transit authority to provide public transportation services in the boundaries of those counties.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.302 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter G. Creation of Authorities|Section 463.302. Initiating Order or Resolution: Contents

Sec. 463.302.  INITIATING ORDER OR RESOLUTION:  CONTENTS.  To initiate the process of creating an authority, the board of directors described by Section 463.301 must adopt a resolution or order containing the designation of each time and place for holding public hearings on the proposal to create the authority.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.303 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter G. Creation of Authorities|Section 463.303. Notice of Hearing

Sec. 463.303.  NOTICE OF HEARING.  (a)  Notice of the time and place of the public hearings on the creation of the authority shall be published, beginning at least 30 days before the date of the hearing, once a week for two consecutive weeks in a newspaper of general circulation in each county.(b)  The board of directors described by Section 463.301 shall give a copy of the notice to the Texas Department of Transportation and the comptroller.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|
TX Transp Code § 463.304 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 463 - Regional Transit Authorities|Subchapter G. Creation of Authorities|Section 463.304. Conduct of Hearing

Sec. 463.304.  CONDUCT OF HEARING.  (a)  The board of directors described by Section 463.301 creating an authority shall conduct public hearings on the creation.(b)  Any person may appear at a hearing and offer evidence on:(1)  the creation of the authority;(2)  the operation of a public transportation system;(3)  the public utility and public interest served in the creation of an authority;  or(4)  other facts bearing on the creation of an authority.(c)  A hearing may be continued until completed.|Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.|