tx-July102026-138: 43 TAC §31.50, §31.57 — Public Transportation

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Summary

§31.57 STATUTORY AUTHORITY The amendments and new rule are proposed under Transportation Code, §201.101, which provides the Texas Transportation Commission (commission) with the authority to establish rules for the conduct of the work of the department, and more specifically, Transportation Code, §456.022, which authorizes the commission to adopt rules necessary to allocate state funding among eligible public transportation providers and §455.002, authorizing the department to receive grants from a governmental source for use in performing the department's public transportation functions. CROSS REFERENCE TO STATUTES IMPLEMENTED BY THIS RULEMAKING Texas Transportation Code, Chapters 455 and 456 §31.50. Recordkeeping and Inventory Requirements. (a) Purpose. To protect the public investment in real property and equipment purchased in whole or in part with state or federal public transportation funds administered by the department, subrecipients shall comply with the standards described in this section. (b) Property records. The subrecipient shall maintain records that include: (1) a description of the property; (2) a serial number or other identification number; Passages with...

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