Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 43. TRANSPORTATION |
PART 1. TEXAS DEPARTMENT OF TRANSPORTATION |
CHAPTER 5. FINANCE |
SUBCHAPTER H. TRANSPORTATION DEVELOPMENT CREDIT PROGRAM |
SECTION 5.101. Purpose
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Under 23 U.S.C. §120, a state may use certain toll revenue expenditures, known as transportation development credits, as credit toward the non-federal share of certain projects. This subchapter specifies the policies and procedures for the implementation of the Transportation Development Credit Program.
Source Note: The provisions of this §5.101 adopted to be effective October 18, 2012, 37 TexReg 8204