SB 1524 creates this 5 point regulatory scheme:
- $6,000 annual fee for permits allowing heavier truck weights for containerized imports and exports, limited to designated corridors within 30 miles of a port
- 50% of the revenue goes to the state highway funds
- 30% to counties with the routes
- 16% to municipalities
- 4% to the Texas Department of Transportation for administration.
informed:intel April 25, 2017:
SB 1524 allows for heavier loads on big trucks when:
- $5000 annual permit is purchased
- traveling on a dwsignated corridor
- within 30 miles of a port of entry/border
Supporters say:
- anticipated 500,000 TEU increase in annual containerized exports of plastic resin
- $100 Billion in new or expanded plant capacity along Texas coast
- the rise in plastic resin is due to cheap natural gas feedstock
- American Chemistry COuncil warned that without allowing for larger loads would harm the economic advantages of the Gulf Coast
- Other states on the gulf provide for the same 100,000 load limit
JOC | Container shipping and trade news and analysis| Texas moves to raise truck weight limits for resins, other cargo