Tex.
Health & Safety Code Section 386.250
Texas Emissions Reduction Plan Fund
(a)
The Texas emissions reduction plan fund is established as a trust fund outside the state treasury to be held by the comptroller and administered by the commission as trustee. Money in the fund may be spent without legislative appropriation and may be used only as provided by this chapter. Interest and other earnings on the balance of the fund shall be credited to the fund.(b)
The fund consists of:(1)
the amount of money deposited to the credit of the fund under:(A)
Section 386.056 (Availability of Emissions Reductions in Certain Nonattainment Areas);(B)
Sections 151.0515 (Texas Emissions Reduction Plan Surcharge) and 152.0215 (Texas Emissions Reduction Plan Surcharge), Tax Code; and(C)
Sections 501.138 (Collection and Disposition of Fees), 502.358 (Texas Emissions Reduction Plan Surcharge), and 548.5055 (Texas Emissions Reduction Plan Fee), Transportation Code; and(2)
grant money recaptured under Section 386.111 (Application Review Procedures)(d) and Chapter 391.(c)
Not later than the 30th day after the last day of each state fiscal biennium, the commission shall transfer the unencumbered balance of the fund remaining on the last day of the state fiscal biennium to the credit of the state highway fund for use by the Texas Department of Transportation for projects described by Section 386.051 (Texas Emissions Reduction Plan)(b)(19).
Source:
Section 386.250 — Texas Emissions Reduction Plan Fund, https://statutes.capitol.texas.gov/Docs/HS/htm/HS.386.htm#386.250
(accessed Jun. 5, 2024).