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SB 642, 63rd R.S.
Authorizing the creation and organization in metropolitan areas of rapid transit authorities; excepting certain bicounty metropolitan areas as defined in said Act; making findings and defining terms; providing for an election; providing for transit authority boards; prescribing the functions, powers, duties, responsibilities, and privileges of such authorities and their engineers, employees and representatives; authorizing the levy and collection of motor vehicle emission taxes by such authorities; exempting certain motor vehicles; authorizing the issuance of bonds and notes and making provision for securing their payment by such authorities; prescribing the characteristics of such bonds and notes and their eligibility for legal investments and security for deposits; providing certain tax exemptions; authorizing the adoption of rules and regulations and prescribing of penalties; containing a severability clause.

Last action: Effective immediately

Author: Jim Wallace
Sponsor: Hawkins Menefee

Session Law Chapter:
Acts 1973, 63rd R.S.,ch. 141, General and Special Laws of Texas

Companion:

HB 480 (Identical)

Gubernatorial documents:

Subjects:
Special Districts & Authorities--Miscellaneous
Transportation--Mass Transit

House Committee: Intergovernmental Affairs ()
Minutes: April 9 1973
Senate Committee: Intergovernmental Relations ()
Minutes: March 28 1973


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