§ 46-12.7-3.1 — § 46-12.7-3.1. Financing of the fund.

Rhode Island § 46-12.7-3.1

• Jurisdiction: Rhode Island
• Title 46: Waters and Navigation
• Ch. 46-12.7: Oil Spill Prevention, Administration and Response Fund

Text

§ 46-12.7-3.1. Financing of the fund.

The fund shall consist of the following sources:

(1) Sums the legislature may appropriate;

(2) Moneys received from federal, state, or other sources for the purpose of response, containment, abatement, rehabilitation, and monitoring costs from an oil spill in marine or estuarine waters;

(3) Moneys received from any private donor for the oil spill prevention, administration, and response fund;

(4) Costs recovered or otherwise received from parties responsible for the containment and cleanup of oil at a specific site, but excluding funds from performance bonds and other forms of financial responsibility held in escrow pending satisfactory performance of a privately funded response action;

(5) Fines, penalties, or damages recovered under any sections of this chapter, chapter 12.5 of this title, or other law as a result of the release or threatened release of oil;

(6) The fee required pursuant to § 46-12.7-4.1; and

(7) Any interest earned on the moneys in the fund.

Legislative History

P.L. 1996, ch. 289, § 4; P.L. 2006, ch. 555, § 1; P.L. 2007, ch. 340, § 43.