Oregon § 468B.435 High Hazard Train Route Oil Spill Preparedness Fund; uses

Oregon Statutes

§ 468B.435 — High Hazard Train Route Oil Spill Preparedness Fund; uses

Oregon § 468B.435

Vol.13

Title 36AHousing; Lottery and Games; Environment

Ch. 468BWater Quality

This text of Oregon § 468B.435 (High Hazard Train Route Oil Spill Preparedness Fund; uses) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 468B.435 (2026).

Text

(1)The High Hazard Train Route Oil Spill Preparedness Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the High Hazard Train Route Oil Spill Preparedness Fund shall be credited to the fund.

(2)The fund shall consist of:

(a)All moneys placed in the fund as provided by law; and

(b)Any gifts, grants, donations, endowments or bequests from any public or private source.

(3)Moneys in the fund are continuously appropriated to the Department of Environmental Quality to be used only to pay the costs of the department incurred to:

(a)Review, under ORS 468B.431, contingency plans for high hazard train routes required under ORS 468B.427;

(b)Verify proof of financial responsibility required by ORS 468B.433;

(c)Develop, review and revise

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

(1) The High Hazard Train Route Oil Spill Preparedness Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the High Hazard Train Route Oil Spill Preparedness Fund shall be credited to the fund.
(2) The fund shall consist of:
(a) All moneys placed in the fund as provided by law; and
(b) Any gifts, grants, donations, endowments or bequests from any public or private source.
(3) Moneys in the fund are continuously appropriated to the Department of Environmental Quality to be used only to pay the costs of the department incurred to:
(a) Review, under ORS 468B.431, contingency plans for high hazard train routes required under ORS 468B.427;
(b) Verify proof of financial responsibility required by ORS 468B.433;
(c) Develop, review and revise the portions of the oil spill response plan required by ORS 468B.495 and 468B.500 that relate to high hazard train routes; and
(d) Participate in training, response exercises, inspections and tests in order to verify:
(A) Equipment inventories; and
(B) The abilities of the following to prevent and respond to oil spill or release emergencies related to high hazard train routes and to undertake other activities intended to maintain the capabilities for emergency response related to high hazard train routes:
(i) The state;
(ii) Municipalities; or
(iii) Railroads that own or operate high hazard train routes.
(4) Notwithstanding any contrary provision of subsection (3) of this section, moneys in the High Hazard Train Route Oil Spill Preparedness Fund may not be used to pay the costs of the department that may be paid with moneys deposited in the Oil Spill Prevention Fund established under ORS 468B.410.