Oregon Statutes 466.913 – Fuel Tank Compliance and Corrective Action Fund
(1) The Fuel Tank Compliance and Corrective Action Fund is established separate and distinct from the General Fund in the State Treasury.
Terms Used In Oregon Statutes 466.913
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
(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 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; 2011 c.597 § 207]
See note under 466.901.