Tex. Health & Safety Code § 384.012

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 384.012 - Powers and Duties

An organization shall have the authority to:

(1) receive and use funds;

(2) have an account at the Texas Natural Resource Conservation Commission Air Emission Reduction Credit Bank;

(3) acquire emission reduction credits through purchase, donation, or other means;

(4) transfer emission reduction credits by sale or other means;

(5) identify, evaluate, promote, initiate, and facilitate potential projects and strategies to generate emission reduction credits;

(6) provide financial assistance for projects to generate emission reduction credits;

(7) employ staff;

(8) enter into contracts; and

(9) consider sustainability of projects.

Tex. Health and Safety Code § 384.012

Amended by Acts 1995, 74th Leg., ch. 76, Sec. 11.204, eff. 9/1/1995.

Added by Acts 1993, 73rd Leg., ch. 128, Sec. 1, eff. 5/11/1993.