Texas Legislation would enhance highway construction with Garvees

Preston, Darrell
March 1999
Bond Buyer;03/11/99, Vol. 327 Issue 30596, p35
Trade Publication
Examines the bill proposed by Texas senator Eddie Lucio Jr. that would allow the state Department of Transportation to issue grant anticipation revenue bonds. Interest generated by the proposed bill; Proposal for the debt to be payable only from highway-grant revenue the state receives from the federal government.


Related Articles

  • Texas DOT Gets $3 Billion Nod and Gears Up for Market. Williamson, Richard // Investment Dealers' Digest;1/29/2010, Vol. 76 Issue 4, p15 

    The article reports that the Texas Department of Transportation has been given an approval to issue up to three billion dollars of general obligation bonds which makes it ready to go to market.

  • Texas Lawmakers Turning to Debt as Biennial Session Proceeds. Albanese, Elizabeth // Bond Buyer;2/6/2007, Vol. 359 Issue 32562, p5 

    The article reports on the proposed bills by several lawmakers in Dallas, Texas which concerned on bond issuance. Sen. Eddie Lucio presented the Senate Joint Resolution 29 which ask for a $250 million authorization of general obligation for the Texas Water Development Board. Sen. Judith...

  • Map of Texas Corridor Unveiled by Cintra-Zachry, TxDOT. Albanese, Elizabeth // Bond Buyer;4/6/2006, Vol. 356 Issue 32355, p36 

    The article reports that the Texas Department of Transportation has unveiled a proposed map for the Trans-Texas Corridor 35 in the U.S. The pricing of the 600 million dollar highway fund revenue bond deal by the Texas Transportation Commission was yielded to 4.41 percent on the 2026 final...

  • Bold Moves Blunted But Bonds OK'd in Tough Texas Session. Williamson, Richard // Bond Buyer;5/29/2007, Vol. 360 Issue 32638, p8 

    The article reports on the opening of 80th Legislature by the lawmakers in Texas, with upheavals in mind. In the wanning days of the session, a bill that would have doubled the Texas Department of Transportation's bonding industry to $6 billion failed on a point of order. However, Governor Rick...

  • Southwest bond-watch. Preston, Darrell // Bond Buyer;11/02/99, Vol. 330 Issue 30760, p1 

    Present news related to bonds in Southwestern United States as of November 2, 1999. Includes decline in the state of Oklahoma's unfunded liability for a state teachers' retirement plan; Texas Department of Transportation's approval of a plan to increase spending for roads in the US-Mexico...

  • Record Refunding Year Yields $319M of Savings for TxDOT. Williamson, Richard // Bondbuyer.com;12/5/2014, p37 

    The article reports the claim by Texas Department of Transportation's (TxDOT) Benjamin Asher as of early December 2014 that the department has lowered its borrowing costs by 425 million dollars by refunding bonds at historically low interest rates. Among the issued bonds are the 1.83 million...

  • TTC's Double-Barrel Deal. Albanese, Elizabeth // Bond Buyer;5/30/2006, Vol. 356 Issue 32391, p1 

    The article reports that the Texas Transportation Commission will go to market with a $750 million offering of double-barreled bonds. The commission is acting on behalf of the Texas Department of Transportation. It marks its second debt issue backed by the Texas Mobility Fund. Proceeds from the...

  • TxDOT'S Ready To Roll With $900m Double-Barreled Sale. Albanese, Elizabeth // Bond Buyer;5/24/2005, Vol. 352 Issue 32139, p27 

    The article focuses on the Texas Department of Transportation that will go to market with a $900 million offering of double-barreled bonds. The transaction marks the first standalone highway debt to be issued at the state level in Texas. In addition, part of the bond proceeds will be spent on...

  • Thanks to Voters, Texas DOT Can Now Issue Highway Bonds. Albanese, Elizabeth // Bond Buyer;9/17/2003, Vol. 345 Issue 31721, p1 

    Reports on the provision of authority to the Texas Department of Transportation to issue highway revenue bonds. Issuance of debt to support the military base of the state by the Texas Public Finance Agency; Aim of financing highway projects; Result of the sale of toll revenue bonds by the Texas...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics