Texas Natural Resources Code
§ 33.658 — QUALIFIED PAYMENT
NR § 33.658Title 2. PUBLIC DOMAIN · Part C. ADMINISTRATION · Ch. 33. MANAGEMENT OF COASTAL PUBLIC LAND · Art. I. COASTAL PROTECTION AND IMPROVEMENT
Statute text
View on source(a)The commissioner shall make qualified payments to a coastal county based on the land office's estimate of the expected project costs of any qualified projects undertaken by that county in the fiscal year in which the payment is made.
(b)To the extent that the aggregate of qualified payments by the commissioner to a coastal county in a fiscal year exceeds the project costs of qualified projects undertaken by the county during that year, the commissioner shall recover the amount of the overpayment by:
(1)requiring the county to remit the amount of the overpayment to the commissioner for deposit in the coastal protection and improvement fund; or
(2)taking a credit against qualified payments due that county the following year or years.
(c)If a coastal county that received an overpayment is not due additional qualified payments the following year, the county shall promptly remit the amount of the overpayment to the commissioner for deposit in the coastal protection and improvement fund.
(d)Notwithstanding Subsection (b), the commissioner may not take a credit against qualified payments due a coastal county the following year if the county needs the full amount of the qualified payment that year to:
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Legislative history
Added by Acts 2005, 79th Leg., Ch. 867 (S.B. 1044), Sec. 4, eff. June 17, 2005.