Here is the text of the bill approved by the Texas Legislature:
25. Texas State Railroad. It is the intent of the Legislature that $10,000,000 in federal Transportation Enhancement Program funds administered by the Texas Department of Transportation be made available for the Texas State Railroad project in fiscal year 2008 contingent upon the project being approved by the Texas Parks and Wildlife Commission for transfer to a consortium of the Cities of Palestine and Rusk and meeting federal grant requirements of the Transportation Enhancement Program as defined by federal Department of Transportation, Federal Highway Administration federal regulations in Title 23 of the United States Code. The Texas Parks and Wildlife Department (TPWD) in conjunction with theTexas Department of Transportation will review the Texas State Railroad project to determine if the Texas State Railroad project meets the federal Transportation Enhancement Program guidelines in Title 23 of the United States Code. Out of funds appropriated above in Strategy B.1.1, State Park Operations is $2,000,000 in fiscal year 2008 to provide a 20 percent match tothe $10,000,000 in Transportation Enhancement program funds. If the Texas State Railroad project is approved, any unexpended balances for the project at the end of fiscal year 2008 are authorized for the same purpose in fiscal year 2009.
The bill authorizes the transfer to the cities, and the $12 million, but it has to meet all sorts of contingencies, so stay tuned!