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TITLE 43TRANSPORTATION
PART 1TEXAS DEPARTMENT OF TRANSPORTATION
CHAPTER 5FINANCE
SUBCHAPTER HTRANSPORTATION DEVELOPMENT CREDIT PROGRAM
RULE §5.102Program Goals

The goals of the Transportation Development Credit Program are:

  (1) to maximize the use of available federal funds, particularly in situations in which federal funds otherwise would be unused because of the inability to provide the non-federal share;

  (2) to increase the availability of state and local funds that otherwise would be used as the non-federal share, so that:

    (A) a limited number of priority projects may be funded without federal funds, in an effort to streamline project delivery;

    (B) a limited number of priority projects that are not eligible for federal funding may be supported from state or local funds; and

    (C) available federal transit funds may be used that otherwise would be unused because of the inability to provide the non-federal share or to allow funds that would be used as the non-federal share to be used for other transit projects;

  (3) to support public transit; and

  (4) to further any other stated goals of the commission or the metropolitan planning organization responsible for awarding credits.


Source Note: The provisions of this §5.102 adopted to be effective October 18, 2012, 37 TexReg 8204

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