H.R. 3569 would authorize the privately owned Starr-Camargo Bridge Company to expand the Starr-Camargo Bridge near Rio Grande City, Texas. Under current law, the company has permanent authority to operate and maintain the toll bridge. The bill also would authorize the company and its successors to use toll collections to finance the expansion as long as construction begins within 60 years and is completed within 65 years of enactment.
The Starr-Camargo Bridge Company does not receive federal or state assistance and does not issue tax-exempt debt. As a result, CBO estimates that enacting H.R. 3569 would have no effect on the federal budget.
