Connecticut § 22a-284d MIRA Dissolution Authority. Funds. Environmental remediation costs. Tipping fee stabilization reimbursement and limit.

Connecticut Statutes

§ 22a-284d — MIRA Dissolution Authority. Funds. Environmental remediation costs. Tipping fee stabilization reimbursement and limit.

Connecticut·Title 22a Environmental Protection·Ch. 446e Solid Waste Management Services Act

The funds possessed by the Materials Innovation and Recycling Authority, established pursuant to section 22a-260a, shall not constitute surplus revenues and shall be deemed necessary to provide support for the authority's properties systems and facilities, including any environmental remediation of such properties, systems and facilities. Such funds shall not be distributed or redistributed to the users of the authority's services. Users of the authority's services shall be liable for the environmental remediation costs of the authority's properties, systems and facilities if, and to the extent, any funds were distributed or redistributed by the authority to such users on or after January 1, 2023. For the period commencing upon June 6, 2024, and ending on June 30, 2026, not more than six m

Free access — add to your briefcase to read the full text and ask questions with AI

The funds possessed by the Materials Innovation and Recycling Authority, established pursuant to section 22a-260a, shall not constitute surplus revenues and shall be deemed necessary to provide support for the authority's properties systems and facilities, including any environmental remediation of such properties, systems and facilities. Such funds shall not be distributed or redistributed to the users of the authority's services. Users of the authority's services shall be liable for the environmental remediation costs of the authority's properties, systems and facilities if, and to the extent, any funds were distributed or redistributed by the authority to such users on or after January 1, 2023. For the period commencing upon June 6, 2024, and ending on June 30, 2026, not more than six million dollars of any such funds expended for the purpose of tipping fee stabilization shall be reimbursed through the issuance of state bonds, provided the total issuance of state bonds for such funds shall not exceed thirteen million five hundred thousand dollars. On and after July 1, 2026, no such funds shall be utilized for the purpose of tipping fee stabilization.

Connecticut § 22a-284d (MIRA Dissolution Authority. Funds. Environmental remediation costs. Tipping fee stabilization reimbursement and limit.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 23-170, S. 11; P.A. 24-151, S. 115.) History: P.A. 23-170 effective June 29, 2023; P.A. 24-151 added provision limiting the tipping fee stabilization use reimbursement from bonding to not more than $6,000,000, limiting the total bond reimbursement to $13,500,000 and prohibiting tipping fee stabilization use from such funds on and after July 1, 2026, effective June 6, 2024.