Texas Natural Resources Code

§ 81.067 — OIL AND GAS REGULATION AND CLEANUP FUND

NR § 81.067Title 3. OIL AND GAS · Part A. ADMINISTRATION · Ch. 81. RAILROAD COMMISSION OF TEXAS · Art. C. JURISDICTION, POWERS, AND DUTIES

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(a)The oil and gas regulation and cleanup fund is created as an account in the general revenue fund of the state treasury.

(b)Repealed by Acts 2019, 86th Leg., R.S., Ch. 55 (H.B. 2675), Sec. 3, eff. September 1, 2019.

(c)The fund consists of:

(1)proceeds from bonds and other financial security required by this chapter and benefits under well-specific plugging insurance policies described by Section 91.104(c) that are paid to the state as contingent beneficiary of the policies, subject to the refund provisions of Section 91.1091, if applicable;

(2)private contributions, including contributions made under Section 89.084;

(3)expenses collected under Section 89.083;

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