Texas Government Code 1232.106 – Evaluation of Application for Assistance With Alternative Fuel Projects
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(a) The comptroller shall evaluate an application by an eligible entity for the financing under § 1232.104 of the acquisition, construction, or improvement of alternative fuels infrastructure and shall determine whether the proposed project will increase energy or cost savings to the applicant.
(b) The authority may not issue an obligation under § 1232.104 unless the comptroller certifies that the proposed project will increase energy or cost savings to the applicant.
Terms Used In Texas Government Code 1232.106
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Rule: includes regulation. See Texas Government Code 311.005
(c) The comptroller by rule may adopt procedures and standards for the evaluation of an application for the financing of a proposed project under § 1232.104.