§342L-51  Leaking underground storage tankfund.  (a)  The department shall establish a revolving fund within thedepartment which shall consist of moneys appropriated to the fund throughfederal grants, moneys appropriated to the fund by the legislature, moneys paidto the fund as a result of departmental compliance proceedings, moneys paid tothe fund pursuant to court-ordered awards or judgments, moneys paid to the fundin court-approved or out-of-court settlements, and moneys given to the fundfrom other sources.

(b)  Moneys from the fund shall be expended bythe department for the sole purpose of responding to petroleum releases fromunderground storage tanks or tank systems in a manner consistent with thischapter.

(c)  Moneys in the fund, which wereappropriated to the fund through a federal grant and which have been collectedby the department as part of its cost recovery efforts pursuant to section342L-53, may be paid to the federal government when such repayment is requiredby a condition in the relevant federal grant. [L 1989, c 212, pt of §6; am L1992, c 259, §30]

 

Note

 

  Transfer of certain interest earnings to the general funduntil June 30, 2015. L 2009, c 79, §30(a)(33).