Section 13: Proceeds from the Use or Disposition of Federally Funded Property
Anchor: #i1004685Overview
The federal share of net income from the use or disposal of real property interests obtained with title 23 funds shall be used by TxDOT for activities eligible for funding under title 23.
Where project income derived from the use or disposal of real property interests is used for subsequent title 23-eligible projects, the funds are not considered federal financial assistance and use of the income does not cause title 23 requirements to apply.