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