Texas Statutes
Subchapter E. Acquisition, Construction, and Operation of Transportation Projects
Section 370.174. Use of Surplus Revenue

Sec. 370.174. USE OF SURPLUS REVENUE. (a) Each year, if an authority determines that it has surplus revenue from transportation projects, it shall reduce tolls, spend the surplus revenue on other transportation projects in the counties of the authority in accordance with Subsection (b), or deposit the surplus revenue to the credit of the Texas Mobility Fund.
(b) Consistent with other law and commission rule, an authority may spend surplus revenue on other transportation projects by:
(1) constructing a transportation project located within the counties of the authority;
(2) assisting in the financing of a toll or toll-free transportation project of another governmental entity; or
(3) with the approval of the commission, constructing a toll or toll-free transportation project and, on completion of the project, transferring the project to another governmental entity if:
(A) the other governmental entity authorizes the authority to construct the project and agrees to assume all liability and responsibility for the maintenance and operation of the project on its transfer; and
(B) the project is constructed in compliance with all laws applicable to the governmental entity.
Added by Acts 2003, 78th Leg., ch. 1325, Sec. 2.01, eff. June 21, 2003.

Structure Texas Statutes

Texas Statutes

Transportation Code

Title 6 - Roadways

Subtitle G - Turnpikes and Toll Projects

Chapter 370 - Regional Mobility Authorities

Subchapter E. Acquisition, Construction, and Operation of Transportation Projects

Section 370.161. Transportation Projects Extending Into Other Counties

Section 370.162. Powers and Procedures of Authority in Acquiring Property

Section 370.163. Acquisition of Property

Section 370.164. Declaration of Taking

Section 370.165. Possession of Property

Section 370.166. Participation Payment for Real Property

Section 370.167. Severance of Real Property

Section 370.168. Acquisition of Rights in Public Real Property

Section 370.169. Compensation for and Restoration of Public Property

Section 370.170. Public Utility Facilities

Section 370.171. Lease, Sale, or Conveyance of Transportation Project

Section 370.172. Revenue

Section 370.173. Authority Revolving Fund

Section 370.174. Use of Surplus Revenue

Section 370.175. Exemption From Taxation or Assessment

Section 370.176. Actions Affecting Existing Roads

Section 370.177. Failure or Refusal to Pay Turnpike Project Toll; Offense; Administrative Penalty

Section 370.178. Use and Return of Transponders

Section 370.179. Controlled Access to Turnpike Projects

Section 370.180. Promotion of Transportation Project

Section 370.181. Operation of Transportation Project

Section 370.182. Audit

Section 370.183. Disadvantaged Businesses

Section 370.184. Procurement

Section 370.185. Competitive Bidding

Section 370.186. Contracts With Governmental Entities

Section 370.187. Project Approval

Section 370.189. Department Maintenance and Operation

Section 370.190. Property of Certain Transportation Authorities

Section 370.191. Commercial Transportation Processing Systems

Section 370.1911. Commercial Transportation Processing Systems at Inspection Facilities at Interstate Borders

Section 370.192. Property of Rapid Transit Authorities

Section 370.193. Priority Boarding of Ferry