Sec. 11.302.  CARBON SEQUESTRATION AND SIMILAR ECOSYSTEM SERVICES PROJECTS.  (a)  Except as otherwise provided by this subsection, the department may enter into an agreement with a public or private entity for the purpose of developing a nature-based carbon sequestration or similar ecosystem services project on department land.  This subsection does not authorize the department to enter into an agreement to develop a carbon dioxide injection well on department land.
(b)  Money received by the department from a carbon sequestration or similar ecosystem services project under this section shall be deposited:
(1)  to the credit of the game, fish, and water safety account, if the project is located on land primarily used for game or fish conservation, protection, or management; and
(2)  to the credit of the state parks account, if the project is located on land primarily used for parks, recreation, or historic sites.
Added by Acts 2023, 88th Leg., R.S., Ch. 334 (H.B. 4018), Sec. 4, eff. September 1, 2023.