Texas Statutes
§ 221.046 — MITIGATION BANK FINANCING.
Texas § 221.046
JurisdictionTexas
Code NRNatural Resources Code
This text of Texas § 221.046 (MITIGATION BANK FINANCING.) 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. § 221.046 (2026).
Text
Sec. 221.046. MITIGATION BANK FINANCING.
(a)A mitigation project participant may issue a bond, note, or other obligation to acquire land for, to pay any part of the cost of, or to acquire, construct, improve, operate, or maintain a wetland mitigation bank.
(b)The subdivision may issue a bond, note, or obligation:
(1)in one or more series; and
(2)payable from and secured by:
(A)a tax;
(B)an assessment;
(C)an impact fee;
(D)revenue;
(E)a grant or gift;
(F)a lease or contract; or
(G)a combination of resources listed in Paragraphs (A)-
(F).
(c)In this section, "mitigation project participant" means an eligible political subdivision that seeks to:
(1)implement a project the unavoidable result of which would adversely affect wetland; and
(2)compensate for the loss of wetland acreage
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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 § 221.046, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/NR/221.046.