19-6-307 - Hazardous Substances Mitigation Fund -- Uses.
19-6-307. Hazardous Substances Mitigation Fund -- Uses.
(1) There is created a restricted special revenue fund entitled the "Hazardous SubstancesMitigation Fund."
(2) The fund consists of money generated from the following revenue sources:
(a) any voluntary contributions received for the cleanup of hazardous substancesfacilities;
(b) appropriations made to the fund by the Legislature; and
(c) money received by the state under Section 19-6-310 and Section 19-6-316.
(3) (a) The fund shall earn interest.
(b) All interest earned on fund money shall be deposited into the fund.
(4) The executive director may use fund money to:
(a) take emergency action as provided in Sections 19-6-309 and 19-6-310;
(b) conduct remedial investigations as provided in Sections 19-6-314 through 19-6-316;
(c) pay the amount required by the federal government as the state's portion of the cost ofcleanups under authority of CERCLA, as appropriated by the Legislature for that purpose; and
(d) pay the amount required by the federal government as the state's portion of the cost ofcleanups under 42 U.S.C. 6991 et seq., the Leaking Underground Storage Tank Trust Fund, asappropriated by the Legislature for that purpose.
Amended by Chapter 256, 2002 General Session