SB2226 - Relating to requirements for loans or grants provided by the Texas Transportation Commission to aviation facilities located in economically disadvantaged counties.

      By: Nichols S.B. No. 2226       Hinojosa of Hidalgo     A BILL TO BE ENTITLED   AN ACT   relating to requirements for loans or grants provided by the Texas   Transportation Commission to aviation facilities located in   economically disadvantaged counties.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 21.105(b), Transportation Code, is   amended to read as follows:          (b)  Before approving a loan or grant, the commission shall   require that:                (1)  the airport or facility remain in the control of   each political subdivision involved for at least 20 years;                (2)  the political subdivision disclose the source of   all funds for the project and the political subdivision's ability   to finance and operate the project;                (3)  at least :                       (A)   10 percent of the total project cost be   provided by sources other than the state; or                       (B)     if the airport is located in an economically   disadvantaged county, as defined by Section 222.053, five percent   of the total project cost be provided by sources other than the   state; and                (4)  the project be adequately planned.          SECTION 2.  This Act takes effect September 1, 2025.