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40 CFR 97.355

§ 97.355 Banking.

United States · 40 CFR — Protection of Environment · Status: effective

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40 CFR 97.355, § 97.355 Banking, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/180478
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(a) CAIR NOX Ozone Season allowances may be banked for future use or transfer in a compliance account or a general account in accordance with paragraph (b) of this section. (b) Any CAIR NOX Ozone Season allowance that is held in a compliance account or a general account will remain in such account unless and until the CAIR NOX Ozone Season allowance is deducted or transferred under § 97.342, § 97.354, § 97.356, or subpart GGGG or IIII of this part.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.