Section 11.302 - Carbon Sequestration And Similar Ecosystem Services Projects(a) Except as otherwise provided by this subsection, the department may enter into an agreement with a public or private entity for the purpose of developing a nature-based carbon sequestration or similar ecosystem services project on department land. This subsection does not authorize the department to enter into an agreement to develop a carbon dioxide injection well on department land. (b) Money received by the department from a carbon sequestration or similar ecosystem services project under this section shall be deposited: (1) to the credit of the game, fish, and water safety account, if the project is located on land primarily used for game or fish conservation, protection, or management; and (2) to the credit of the state parks account, if the project is located on land primarily used for parks, recreation, or historic sites. Tex. Parks and Wild. § 11.302
Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 334,Sec. 4, eff. 9/1/2023.