Texas Statutes
§ 221.023 — MITIGATION BANK CONTRACTS; CONTRACT PAYMENTS.
Texas § 221.023
JurisdictionTexas
Code NRNatural Resources Code
This text of Texas § 221.023 (MITIGATION BANK CONTRACTS; CONTRACT PAYMENTS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Natural Resources Code Code Ann. § 221.023 (2026).
Text
Sec. 221.023. MITIGATION BANK CONTRACTS; CONTRACT PAYMENTS.
(a)A state agency or eligible political subdivision may contract with another state agency or eligible political subdivision to pay jointly any part of the cost to acquire, design, construct, improve, or maintain a wetland mitigation bank or a buffer zone.
(b)Payment of the cost of a project or a payment required to be made under a contract may be made out of bond proceeds, taxes, or any other money available for the payment.
(c)If a contract provides for payment over a term of years, an eligible political subdivision may impose a tax in an amount necessary to:
(1)create a sinking fund for the contract payments; and
(2)make the payments when due.
SUBCHAPTER C. PROVISIONS FOR POLITICAL SUBDIVISIONS
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Legislative History
Added by Acts 1997, 75th Leg., ch. 165, Sec. 24.01(a), eff. Sept. 1, 1997.
Nearby Sections
14
§ 221.001
DEFINITIONS.§ 221.002
USE OF MONEY.§ 221.003
COST OF MOVING OR CHANGING FACILITY.§ 221.022
OPTIONAL MITIGATION BANK PROVISIONS.§ 221.041
APPLICATION TO FEDERAL AGENCY.§ 221.042
COMPLIANCE WITH FEDERAL PROGRAM.§ 221.044
RULES FOR WETLAND DELINEATION.§ 221.045
PERMIT.§ 221.046
MITIGATION BANK FINANCING.§ 221.047
BOND REQUIREMENTS.§ 221.048
BOND PROCEEDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 221.023, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/NR/221.023.