Transportation & Homeland Security
8:00 AM, Wednesday, April 23, 2008
E1.016 (Hearing Room)
Senator John Carona
The Senate Committee on Transportation and Homeland Security will hold a
public hearing on Wednesday, April 23, at 8:00 a.m. in the Capitol
Extension, Room E1.016.  The Committee will hear public and invited
testimony regarding the following interim charges:
Study Comprehensive Development Agreements (CDAs) and make recommendations
to ensure the maximum benefit to taxpayers.  Study the implications of
requiring CDAs to have definitive buyback formulas that can be calculated
without using any form of future revenue forecasts.  Study requiring
potential CDA projects to be solicited only after environmental clearance
has been granted.  Study the implications of shortening CDA's maximum
allowable contract duration.  Study provisions affecting competing
Study and make recommendations relating to the status of current and
planned toll road projects in Texas, the use of public-private partnerships
to build new roads and/or transit services, and the market valuation
process. Analyze the impact of lengthening the number of years
a toll road authority may issue bonds.
Study the effectiveness of the Trans-Texas Corridor (TTC) and make
recommendations for its future role in providing additional roads in Texas.
Provide specific recommendations relating to public input in the
development of the TTC.
Study and review state and local options for expanding transportation
funding and explore options to reduce diversions of Fund 6 revenue.
Study and make recommendations relating to whether the Texas Department
of Transportation is in compliance with Transportation Code §201.109,
Revenue Enhancement, and whether the Texas Department of Transportation
is using the funding sources provided by the Legislature, including, but
not limited to, General Obligation, Fund 6 and Mobility Fund bonds, to
build new roads.