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Texas Natural Resources Code

§ 119.002 — ACQUISITION OF CARBON DIOXIDE

NR § 119.002Title 3. OIL AND GAS · Part D. REGULATION OF SPECIFIC BUSINESSES AND OCCUPATIONS · Ch. 119. OWNERSHIP OF CARBON DIOXIDE CAPTURED BY CLEAN COAL PROJECT

Statute text

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(a)The commission shall acquire title to carbon dioxide captured by a clean coal project.
(b)The right, title, and interest in carbon dioxide acquired under this section are the property of the commission, acting on behalf of the state, and shall be administered and controlled by the commission in the name of the state.
(c)A right, title, or interest acquired under this section does not vest in any fund created by the Texas Constitution.

Legislative history

Added by Acts 2006, 79th Leg., 3rd C.S., Ch. 8 (H.B. 149), Sec. 1, eff. September 1, 2006.

Source: Texas Natural Resources Code § 119.002 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.