Bill adds exemptions to
proposed toll-road delay
05/15/2007
EL PASO
TIMES
AUSTIN -- Hoping to avoid a
veto override fight and a
special legislative session,
the Texas Senate unanimously
approved a proposal Monday
that aims to address the
governor's concerns with a
sweeping transportation
bill.
The bill is similar to
one lawmakers sent Gov. Rick
Perry last week, with more
exemptions to the two-year
moratorium on most new
privately financed toll road
projects.
Among the newly exempted
projects is the development
of the Interstate 69
corridor in the Rio Grande
Valley. South Texas
officials had loudly
protested the original bill,
saying it could derail a
project that is vital to the
region's development.
The compromise bill would
still tighten controls on
comprehensive development
agreements, used in
contracts for private-public
road building. But the
agreements could last up to
50 years, instead of the 40
years included in the
original legislation. |