SB 792, Primacy, and Market Valuation

SB 792, while advancing new concepts and attempting to balance competing interests, also had the unintended consequence of pitting two public agencies against each other in North Texas. Rather than aligning the interests and maximizing the strengths of each agency, the market valuation process proved adversarial and cumbersome. If left unchecked, SB 792's primacy and market valuation provisions will continue to delay development of the region's priority transportation projects, increasing project costs, stalling air quality and congestion improvements, and further jeopardizing the region's economic growth and prosperity.