(1) The Fuel Tank Compliance and Corrective Action Fund is established separate and distinct from the General Fund in the State Treasury.
(2) The following moneys, as they pertain to a fuel tank facility, shall be deposited into the State Treasury and credited to the Fuel Tank Compliance and Corrective Action Fund:
(a) Moneys recovered or otherwise received from responsible parties for corrective action related to a fuel tank facility;
(b) Moneys allocated to the fund from the Administrative Services Economic Development Fund;
(c) Any penalty, fine or damages recovered under ORS 466.770 pertaining to a fuel tank facility; and
(d) Any moneys received pursuant to ORS 466.910.
(3) The State Treasurer may invest and reinvest moneys in the fund in the manner provided by law.
(4) The moneys in the fund are appropriated continuously to the Department of Environmental Quality to be used as provided in subsection (5) of this section.
(5) Moneys in the fund may be used by the department for administration and funding of the essential services grant program established under ORS 466.903 and 466.905. [1997 c.788 §6]
Note: See note under 466.901.
Section: Previous 466.895 466.900 466.901 466.903 466.905 466.907 466.910 466.913 466.915 466.917 466.920 466.990 466.992 466.994 466.995 NextLast modified: August 7, 2008