Minnesota Statutes 103I.345 – Well and Boring Sealing Account
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Subdivision 1.Revenue sources.
Revenue from the following sources must be deposited in the state treasury and credited to a special account:
Terms Used In Minnesota Statutes 103I.345
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
(1) all money recovered by the commissioner under section 103I.341;
(2) all money paid under section 144.99 or under any agreement, stipulation, or settlement resolving an enforcement action brought by the commissioner;
(3) all interest attributable to investment of money credited to the account; and
(4) all money received in the form of gifts, grants, reimbursements, or appropriations from any source intended to be used for the purposes of the account.
Subd. 2.Expenditures.
Subject to appropriation by law, money in the account established under subdivision 1 may be used by the commissioner for sealing wells and borings.