Kentucky Statutes 224.60-150 – Funding for administration of underground storage tank program
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(1) The cabinet shall levy and collect annual fees in the amount of thirty dollars ($30) per tank from the owners or operators of underground storage tanks containing regulated substances for the purpose of funding the administration of the underground storage tank program. The fees shall be deposited into an interest- bearing account in the State Treasury. Money unexpended at the close of a fiscal year shall not lapse, but shall be carried forward to the next fiscal year or biennium for future use.
(2) The cabinet shall recover actual and necessary expenditures incurred in the administration of the underground storage tank program including expenditures for corrective action. Any expenditures recovered shall be placed in the account established by this section.
Effective: April 13, 1992
History: Amended 1992 Ky. Acts ch. 450, sec. 7, effective April 13, 1992. — Created
1990 Ky. Acts ch. 370, sec. 10, effective April 9, 1990.
Formerly codified as KRS § 224.823.
2020-2022 Budget Reference. See State/Executive Branch Budget, 2020 Ky. Acts ch.
92, Pt. V, C, 3 at 940.
(2) The cabinet shall recover actual and necessary expenditures incurred in the administration of the underground storage tank program including expenditures for corrective action. Any expenditures recovered shall be placed in the account established by this section.
Terms Used In Kentucky Statutes 224.60-150
- Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
- Biennium: means the two (2) year period commencing on July 1 in each even- numbered year and ending on June 30 in the ensuing even-numbered year. See Kentucky Statutes 446.010
- branch budget: means an enactment by the General Assembly which provides appropriations and establishes fiscal policies and conditions for the biennial financial plan for the judicial branch, the legislative branch, and the executive branch, which shall include a separate budget bill for the Transportation Cabinet. See Kentucky Statutes 446.010
- Cabinet: means the Energy and Environment Cabinet. See Kentucky Statutes 224.1-010
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Storage: means the containment of wastes, either on a temporary basis or for a period of years, in such a manner as not to constitute disposal of such wastes. See Kentucky Statutes 224.1-010
- Year: means calendar year. See Kentucky Statutes 446.010
Effective: April 13, 1992
History: Amended 1992 Ky. Acts ch. 450, sec. 7, effective April 13, 1992. — Created
1990 Ky. Acts ch. 370, sec. 10, effective April 9, 1990.
Formerly codified as KRS § 224.823.
2020-2022 Budget Reference. See State/Executive Branch Budget, 2020 Ky. Acts ch.
92, Pt. V, C, 3 at 940.