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TITLE 43TRANSPORTATION
PART 1TEXAS DEPARTMENT OF TRANSPORTATION
CHAPTER 5FINANCE
SUBCHAPTER HTRANSPORTATION DEVELOPMENT CREDIT PROGRAM
RULE §5.108Competitive Process

(a) Program call. The department may periodically publish a notice in the Texas Register soliciting proposals for award of transportation development credits under this section.

(b) Proposal. An eligible entity may submit a proposal for an eligible project in response to the notice published under subsection (a) of this section. The proposal must include:

  (1) a detailed description of the project and the need for the project;

  (2) a detailed explanation of how the award of credits will expand the availability of funding for transportation projects, considering the goals specified in §5.102 of this subchapter (relating to Program Goals); and

  (3) if the project is located within the planning area of an MPO, evidence that the eligible entity obtained the concurrence of the MPO before the entity submitted the proposal under this section.

(c) Additional information. The executive director of the department or the executive director's designee may require supplemental information to clarify the issues described in subsection (b)(1) of this section.

(d) Award. The commission will award credits under this section after considering the potential of the project to expand the availability of funding for transportation projects, based on the goals specified in §5.102 of this subchapter.


Source Note: The provisions of this §5.108 adopted to be effective October 18, 2012, 37 TexReg 8204

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