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HB 677, 65th R.S.
To add additional sections relating to the transition of the Dallas-Fort Worth Turnpike to the State Department of High-ways and Public Transportation, providing for additional feasibility studies to determine need for improvements, extensions and enlargements of the Dallas-Fort Worth Turnpike in areas approved by governmental entities; providing for the issuance of bonds for improvements, extensions and enlargements to the Dallas-Fort Worth Turnpike subject to approval by certain governmental entities; providing for the creation of a revolving fund for financing feasibility studies with the initial deposit of $2,000,000.00 from the Dallas Fort Worth Turnpike Special Reserve Maintenance Fund and replenishment of said fund; permitting, subject to the prior approval of the State Highways and Public Transportation Commission, the pooling of one or more projects now and hereafter constructed within the same county into a "Pooled Project" and authorizing the issuance of Turnpike Revenue Bonds for the purpose of constructing and improving, extending or enlarging all or any part of such Pooled Project and the pledging of revenues from all or any part of such Pooled Project and the pledging of revenues from all or any part of such Pooled project to the maintenance, repair, operation, and payment of interest and principal of revenue bonds issued to construct, improve, extend or enlarge all or any part of said Pooled Project.

Chamber Action Comments  Date 
H Filed   01/24/1977
H Read first time   01/25/1977
H Referred to Committee on Transportation   01/25/1977
H Considered by committee in public hearing   02/23/1977
H Referred to subcommittee   02/23/1977
H Considered by subcommittee in formal meeting   03/15/1977


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