88R1983 DRS-D     By: Bell of Montgomery H.B. No. 366       A BILL TO BE ENTITLED   AN ACT   relating to the filing of a bond by a private high-speed rail   operator with the Texas Department of Transportation.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter B, Chapter 112, Transportation Code,   is amended by adding Section 112.063 to read as follows:          Sec. 112.063.  BOND FOR RESTORATION OF REAL PROPERTY USED BY   PRIVATE HIGH-SPEED RAIL OPERATOR.  (a)  In this section,   "high-speed rail" has the meaning assigned by Section 112.201.          (b)  Before a private entity begins operation of high-speed   rail, including the extension of an existing service, the entity   must file with the department a bond in an amount determined by the   commission to be sufficient to restore real property used for the   service to its original condition if the service ceases operation.          SECTION 2.  This Act takes effect September 1, 2023.