Sec. 222.001. USE OF STATE HIGHWAY FUND.
(a) Money that is required to be used for public roadways by the Texas Constitution or federal law and that is deposited in the state treasury to the credit of the state highway fund, including money deposited to the credit of the state highway fund under Title 23, United States Code, may be used only:
(1) to improve the state highway system; or
(2) to mitigate adverse environmental effects that result directly from construction or maintenance of a state highway by the department.
(b) Notwithstanding Section 222.103, the department may not pledge or otherwise encumber money deposited in the state highway fund to:
(1) guarantee a loan obtained by a public or private entity for costs associated with a toll facility of the public or private entity; or
(2) insure bonds issued by a public or private entity for costs associated with a toll facility of the public or private entity.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 771 (S.B. 883), Sec. 1, eff. June 19, 2009.
Acts 2015, 84th Leg., R.S., Ch. 314 (H.B. 20), Sec. 5, eff. June 3, 2015.
Structure Texas Statutes
Subtitle B - State Highway System
Chapter 222 - Funding and Federal Aid
Subchapter A. General Provisions
Section 222.001. Use of State Highway Fund
Section 222.002. Use of State Highway Fund for Department Functions
Section 222.003. Issuance of Bonds Secured by State Highway Fund
Section 222.004. Issuance of General Obligation Bonds for Highway Improvement Projects
Section 222.005. Authorization to Provide Assistance to Expedite Environmental Review
Section 222.006. Environmental Review Certification Process
Section 222.007. Allocation of Money From Transportation Project Delays