43 TAC § 15.172. Use of Proceeds

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Texas Administrative Code › Title 43 TRANSPORTATION › Part 1 TEXAS DEPARTMENT OF TRANSPORTATION › Chapter 15 FINANCING AND CONSTRUCTION OF TRANSPORTATION PROJECTS › 43 TAC § 15.172

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

(a) Transportation Code, §222.003(e) establishes certain prohibitions on the use of proceeds from the sale of the bonds.

(b) The proceeds of the bonds authorized by Transportation Code, §222.003 shall be used to fund state highway improvement projects. Transportation Code, §222.003(d), allocates a specified portion of those proceeds to safety projects.

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