Sec. 386.251. FUND. (a) The Texas emissions reduction plan fund is an account in the state treasury.
(b) The fund is administered by the commission for the benefit of the plan established under this chapter. The fund is exempt from the application of Section 403.095, Government Code. Interest earned on the fund shall be credited to the fund.
(c) The fund consists of:
(1) the amount of money deposited to the credit of the fund under:
(A) Section 386.056;
(B) Sections 151.0515 and 152.0215, Tax Code; and
(C) Sections 501.138, 502.358, and 548.5055, Transportation Code; and
(2) grant money recaptured under Section 386.111(d) and Chapter 391.
Added by Acts 2001, 77th Leg., ch. 967, Sec. 1(b), eff. Sept. 1, 2001.
Amended by:
Acts 2005, 79th Leg., Ch. 1125 (H.B. 2481), Sec. 10, eff. September 1, 2005.
Acts 2007, 80th Leg., R.S., Ch. 262 (S.B. 12), Sec. 2.08, eff. June 8, 2007.
Acts 2009, 81st Leg., R.S., Ch. 1125 (H.B. 1796), Sec. 8, eff. September 1, 2009.
Acts 2011, 82nd Leg., R.S., Ch. 1296 (H.B. 2357), Sec. 244, eff. January 1, 2012.
Section: Previous 386.108 386.109 386.110 386.111 386.112 386.113 386.114 386.115 386.116 386.117 386.181 386.182 386.183 386.205 386.251Last modified: September 28, 2016