Because of budget concerns, the Eightieth Texas Legislature (2007) passed Senate Bill 1659 which allowed for the creation of the Texas State Railroad Authority, and conveyed ownership of real estate and rolling stock to the Authority. The RoW was leased to the Authority for 99 years. The Authority leases operation of the line to qualified railroad operators.
The Eightieth Texas Legislature (2007) enacted Senate Bill 1659, which established the Texas State Railroad Authority and transferred real estate and rolling stock ownership. The RoW was leased to the Authority for 99 years. The Authority leases operation of the line to qualified railroad operators.