Tex. Transportation Code § 222.073
This is the official text of Tex. Transportation Code § 222.073, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.
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§ 222.073. PURPOSES OF INFRASTRUCTURE BANK.
Official statutory text
Notwithstanding Section 222.001, the commission shall use money deposited in the bank to:
(1) encourage public and private investment in transportation facilities both within and outside of the state highway system, including facilities that contribute to the multimodal and intermodal transportation capabilities of the state; and
(2) develop financing techniques designed to:
(A) expand the availability of funding for transportation projects and to reduce direct state costs;
(B) maximize private and local participation in financing projects; and
(C) improve the efficiency of the state transportation system.
(1) encourage public and private investment in transportation facilities both within and outside of the state highway system, including facilities that contribute to the multimodal and intermodal transportation capabilities of the state; and
(2) develop financing techniques designed to:
(A) expand the availability of funding for transportation projects and to reduce direct state costs;
(B) maximize private and local participation in financing projects; and
(C) improve the efficiency of the state transportation system.
Status: in_force · Read it on the official government site
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