Texas Transportation Code

§ 463.208 — USE OF REVENUE

TN § 463.208Title 6. ROADWAYS · Part K. MASS TRANSPORTATION · Ch. 463. REGIONAL TRANSIT AUTHORITIES · Art. E. BONDS

Statute text

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.

Legislative history

Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.