§ 179 — New York environmental protection and spill compensation fund

§ 179. New York environmental protection and spill compensation fund.\n1. The New York environmental protection and spill compensation fund is\nhereby established as a nonlapsing, revolving fund in the department of\naudit and control to carry out the purposes of this article.\n 2. Two separate accounts are hereby established within the fund\nestablished by subdivision one of this section:\n (a) An account which shall be credited with all license fees and\npenalties collected pursuant to paragraph (b) of subdivision one and\nparagraph (a) of subdivision four of section one hundred seventy-four of\nthis article except as provided in section one hundred seventy-nine-a of\nthis article, the portion of the surcharge collected pursuant to\nparagraph (d) of subdivision four of section one hundred seventy-four of\nthis article, penalties collected pursuant to paragraph (b) of\nsubdivision four of section one hundred seventy-four-a of this article,\nmoney collected pursuant to section one hundred eighty-seven of this\narticle, all penalties collected pursuant to section one hundred\nninety-two of this article, and registration fees collected pursuant to\nsubdivision two of section 17-1009 of the environmental conservation\nlaw.\n (b) An account which shall be credited with all surcharges collected\npursuant to paragraph (c) of subdivision one and paragraph (b) of\nsubdivision four of section one hundred seventy-four of this article. In\naddition, such account shall be credited with funds from the account\nestablished by paragraph (a) of this subdivision in an amount equal to\ntwo and three-quarters cents multiplied by the number of barrels of\npetroleum subject to the provisions of paragraph (d) of subdivision four\nof section one hundred seventy-four of this article. The amount so\ncredited shall not exceed the amount equal to two and three-quarters\ncents multiplied by the number of barrels which would have been subject\nto the provisions of such paragraph (d) during the state fiscal year\nending March thirty-first, nineteen hundred ninety-nine.\n Interest received on moneys in each account in the fund shall be\ncredited to that account, respectively.\n