A controversial transportation bill has been vetoed by Gov. Rick Perry.

However, some of the issues addressed in HB 1892 may still see legislative action, as the house bill has a reworked version in the form of a SB 792.

HB 1892 addressed toll road funding, calling for a two-year moratorium on private toll road deals, with some exceptions outside the Central Texas area. The bill also proposed shortening the maximum length of private contracts from 70 years to 40 years.

SB 792 is a revamped version that would allow private toll road contracts to run 50 years.

"House Bill 1892 jeopardizes billions of dollars of infrastructure investment and invites a potentially significant reduction in federal transportation funding," Perry says in a press release. "Projects important to fast-growth communities would be placed on hold without alternative financing mechanisms to get them constructed. Even more egregiously, the bill serves to break up the state highway system by permitting local control over state assets."

Some voices within the Central Texas business community, including the Austin Chamber of Commerce's Take on Traffic group, are advocating for toll roads and tolled lanes as a way to fund new road infrastructure.