SH 99 Grand Parkway Segments F-1, F-2, and G SB 1420

Senate Bill 1420, 82nd Legislature, Regular Session, 2011, applies to TxDOT toll projects in which a private entity has a financial interest in the project's performance.

SB 1420 added Transportation Code, Section 228.013 requiring that the distribution of the project's financial risk, the method of financing for the project, and the tolling structure and methodology must be determined by an SB 1420 Committee consisting of a representative from each of the following groups:

• TxDOT
• Any local toll project entity for the area in which the project is located
• The applicable metropolitan planning organization (MPO)
• Each municipality or county that has provided revenue or right of way

A SB 1420 committed to the SH 99 Grand Parkway Segments F-1, F-2, and G Project was established with local governments and agencies appointing members. The first of three committee meetings was held on November 29, 2011.