1. Creation of fund. The Mining Oversight Fund, referred to in this section as “the fund,” is established as a nonlapsing fund administered by the Mining Excise Tax Trust Fund Board of Trustees, referred to in this section as “the board.” The board shall oversee and authorize expenditures from the fund.

[PL 2011, c. 653, §6 (AMD); PL 2011, c. 653, §33 (AFF).]

Terms Used In Maine Revised Statutes Title 36 Sec. 2866

  • board: means the Maine Board of Tax Appeals as established in Title 5, section 12004?B, subsection 10. See Maine Revised Statutes Title 36 Sec. 111
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Tax: means the total amount required to be paid, withheld and paid over or collected and paid over with respect to estimated or actual tax liability under this Title, any credit or reimbursement allowed or paid pursuant to this Title that is recoverable by the assessor and any amount assessed by the assessor pursuant to this Title, including any interest or penalties provided by law. See Maine Revised Statutes Title 36 Sec. 111
2. Investment. The Treasurer of State shall invest the money in the fund as authorized by Title 5, section 138.

[PL 1991, c. 883, §8 (NEW).]

3. Scope of corrective action.

[PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]

4. Uses of fund. Money from the fund may be used only to fund oversight of mining activity as provided in the mining rules adopted by the Department of Environmental Protection under the Maine Metallic Mineral Mining Act, and expenses for site oversight. Expenses for site oversight include, but are not limited to, expenses of the department or the department’s agents or contractors related to site oversight, including costs of personnel and administrative costs and expenses necessary to administer, review and monitor corrective action.
A. [PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
B. [PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
C. [PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
D. [PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]

[PL 2011, c. 653, §6 (AMD); PL 2011, c. 653, §33 (AFF).]

5. Restrictions and liability.

[PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]

6. Disposition of fund.

[PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]

7. Depletion of fund.

[PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]

SECTION HISTORY

PL 1991, c. 883, §8 (NEW). PL 2011, c. 653, §6 (AMD). PL 2011, c. 653, §33 (AFF). PL 2011, c. 682, §38 (REV).