Sec. 395.008. AVAILABILITY OF EMISSIONS REDUCTION CREDITS. (a) A project that is funded from a grant under the program and that would generate marketable emissions reduction credits under a state or federal emissions reduction credit averaging, banking, or trading program is not eligible for funding under the program unless:
(1) the project includes the transfer of the credits, or the reductions that would otherwise be marketable credits, to the commission and, if applicable, the state implementation plan; and
(2) the credits or reductions, as applicable, are permanently retired.
(b) An emissions reduction generated by a purchase or lease under this chapter may be used to demonstrate conformity with the state implementation plan.
Added by Acts 2017, 85th Leg., R.S., Ch. 755 (S.B. 1731), Sec. 8(r-1), eff. August 30, 2017.
Structure Texas Statutes
Title 5 - Sanitation and Environmental Quality
Chapter 395 - Governmental Alternative Fuel Fleet Grant Program
Section 395.003. Eligible Applicants
Section 395.004. Motor Vehicle Requirements
Section 395.005. Refueling Infrastructure, Equipment, and Services
Section 395.006. Eligible Costs
Section 395.007. Grant Amounts
Section 395.008. Availability of Emissions Reduction Credits
Section 395.009. Use of Grant Money
Section 395.010. Grant Procedures and Criteria
Section 395.012. Administrative Costs