| (a) Fee Equivalency Account. The executive director
shall establish and maintain a Fee Equivalency Account to document
fees collected and available for use in demonstrating equivalency
with the Area §185 Obligation. No actual money will be deposited
into the Fee Equivalency Account. Instead, the Fee Equivalency Account
will reflect equivalency credits based upon revenue collected for
or under authority of:
(1) the Texas Emissions Reduction Plan program;
(2) the Low-Income Vehicle Repair Assistance, Retrofit,
and Accelerated Vehicle Repair Program; and/or
(3) the Local Initiative Project.
(b) Revenue eligibility. The revenue eligible for credits
to the Fee Equivalency Account must be from the Houston-Galveston-Brazoria
(HGB) one-hour ozone standard nonattainment area.
(c) Revenue credited. The revenue credited to the Fee
Equivalency Account shall be credited for the years funding is expended
in HGB beginning with the calendar year prior to the adoption of this
rule.
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