Relating to funding for recycling projects.
SB 2981 directs the Texas Commission to use interest earnings from the Texas Emissions Reduction Plan Fund to support recycling infrastructure projects that reduce emissions. If the fund earns at least $10 million in interest, $10 million is allocated; otherwise, the actual interest amount is used. This funding occurs through the Recycling Innovation Grant Program under Section 361.0155. The fund is financed by specific emissions-related tax deposits, including portions of the Transportation Code and Tax Code.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 14, 2025
Last action Apr 7, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Apr 7, 2025
Committee
Referred to Natural Resources
upper
Apr 7, 2025
Introduced
Read first time
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
KH
Kelly Hancock
RRepublican
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