Relating to the use of state money for high-speed rail operated by a private entity and to the construction of certain high-speed rail.

SB 1769 authorizes the Texas Department of Transportation to enter a comprehensive agreement with a private company to build, maintain, and operate high-speed rail service between Houston and Austin. The bill defines "high-speed rail" as intercity passenger service expected to reach at least 110 miles per hour. It repeals an existing Transportation Code section and takes effect on September 1, 2025. This legislation directly affects state infrastructure planning and private entities seeking to develop the Houston-Austin rail corridor, creating a legal framework for public-private partnership in rail construction.