Texas Transportation Code
§ 366.038 — TOLLING SERVICES
TN § 366.038Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 366. REGIONAL TOLLWAY AUTHORITIES · Art. B. CREATION AND POWERS OF REGIONAL TOLLWAY AUTHORITIES
Statute text
View on source(a)In this section, "tolling services" means the tolling services normally provided through an authority's customer service center, including customer service, customer account maintenance, transponder supply, and toll collection and enforcement.
(b)An authority shall provide, for reasonable compensation, tolling services for a toll project in the boundaries of the authority, regardless of whether the toll project is developed, financed, constructed, and operated under an agreement, including a comprehensive development agreement, with the authority or another entity. This section does not restrict an authority from agreeing to provide additional tolling services in an agreement described in Subsection (d). Additional tolling services provided under an agreement under that subsection are subject to the provisions that apply to tolling services under this section.
(c)An authority may not provide financial security, including a cash collateral account, for the performance of tolling services the authority provides under this section if:
(1)the authority determines that providing security could restrict the amount, or increase the cost, of bonds or other debt obligations the authority may subsequently issue under this chapter; or
(2)the authority is not reimbursed its cost of providing the security.
(d)Before providing tolling services for a toll project under this section, an authority must enter into a written agreement that sets out the terms and conditions for the tolling services to be provided and the terms of compensation for those services.
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Legislative history
Acts 2011, 82nd Leg., R.S., Ch. 373 (S.B. 246), Sec. 1, eff. June 17, 2011. Acts 2015, 84th Leg., R.S., Ch. 782 (H.B. 2549), Sec. 1, eff. September 1, 2015.