State Codes and Statutes

Statutes > Connecticut > Title22a > Chap445 > Sec22a-133t

      Sec. 22a-133t. Special Contaminated Property Remediation and Insurance Fund. There is established and created a fund to be known as the "Special Contaminated Property Remediation and Insurance Fund". There shall be deposited in the fund: (1) The proceeds of bonds issued by the state for deposit into said fund and used in accordance with this section; (2) revenues from taxes or fees required to be deposited into the fund pursuant to law; and (3) interest or other income earned on the investment of moneys in the fund pending transfer or use pursuant to this section and section 22a-133u. The fund may contain any moneys required by law to be deposited in the fund and shall be held by the Treasurer separate and apart from all other moneys, funds and accounts. Investment earnings credited to the assets of said fund shall become part of the assets of said fund. Any balance remaining in said fund at the end of any fiscal year shall be carried forward in said fund for the fiscal year next succeeding.

      (P.A. 95-190, S. 4, 17; P.A. 96-250, S. 4, 7.)

      History: P.A. 95-190, S. 4 effective June 29, 1995; P.A. 96-250 deleted former Subsecs. (a), (c), (d) and (e) containing provisions authorizing revenue bonds for the fund, effective July 1, 1996.

      See section 3 of public act 96-250, as amended, re bond authorization for the fund.