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TX SB2981

Bill

Status

Introduced

3/14/2025

Primary Sponsor

Kelly Hancock

Click for details

Origin

Senate

89th Legislature Regular Session

AI Summary

  • Allocates $10,000,000 from the Texas Emissions Reduction Plan Fund to support recycling infrastructure projects that reduce emissions through the Recycling Innovation Grant Program under Section 361.0155

  • If the fund earns less than $10,000,000 in interest, the commission must allocate whatever amount of interest was actually earned to the recycling program

  • The funding mechanism is tied to interest earnings from the Texas Emissions Reduction Plan Fund, which is a trust fund held by the comptroller and administered by the commission

  • Takes effect immediately with a two-thirds vote of both legislative chambers, otherwise takes effect September 1, 2025

Legislative Description

Relating to funding for recycling projects.

State Finances

Last Action

Referred to Natural Resources

4/7/2025

Committee Referrals

Natural Resources4/7/2025

Full Bill Text

No bill text available