Tex. Nat. Res. Code § 119.005

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

Section 119.005 - Sale of Carbon Dioxide for Beneficial Use

(a) The commission may sell, for enhanced oil recovery or other beneficial use, carbon dioxide that is:

(1) captured by a clean coal project; and

(2) not injected for permanent storage in a geologic formation.

(b) The commission shall deposit any proceeds from the sale of carbon dioxide under this section to the credit of the general revenue fund.

Tex. Nat. Res. Code § 119.005

Added by Acts 2006, 79th Leg., 3rd C.S., Ch. 8, Sec. 1, eff. 9/1/2006.