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RULE §5.103Definitions

The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise.

  (1) Commission--The Texas Transportation Commission.

  (2) Department--The Texas Department of Transportation.

  (3) Eligible entity--Any entity that is eligible for funding under Title 23, U.S.C. or Chapter 53 of Title 49, U.S.C., is in good standing with the department, and has no deficiencies or findings of noncompliance.

  (4) Eligible project--A highway, rail, transit, bicycle or pedestrian project, as authorized by Title 23, U.S.C., other than an emergency relief program authorized by 23 U.S.C. §125, or Chapter 53 of Title 49, U.S.C.

  (5) Locally earned credits--Transportation development credits earned from:

    (A) a project of a regional tollway authority;

    (B) a project of a county acting under Transportation Code, Chapter 284;

    (C) a project of a regional mobility authority;

    (D) an international bridge not owned by the state; and

    (E) a department project located within the geographic area of a regional tollway authority, a county acting under Transportation Code Chapter 284, or a regional mobility authority that has developed one or more toll projects.

  (6) Metropolitan planning organization--An organization designated in certain urbanized areas to carry out the transportation planning process as required by 23 U.S.C §134.

  (7) MPO--A metropolitan planning organization.

  (8) Transportation development credits--A financing tool approved by the Federal Highway Administration that allows states to use federal obligation authority without the requirement of non-federal matching dollars. Credits are earned when the state, a toll authority, or a private entity funds a capital transportation investment with toll revenues earned on existing toll facilities, excluding revenues needed for debt service, returns to investors or the operation and maintenance of toll facilities.

Source Note: The provisions of this §5.103 adopted to be effective October 18, 2012, 37 TexReg 8204

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