South Carolina § 48-2-330 Fund created; deposit of fines and penalties; maximum; interest.

South Carolina Statutes

§ 48-2-330 — Fund created; deposit of fines and penalties; maximum; interest.

South Carolina·Title 48 ENVIRONMENTAL PROTECTION AND CONSERVATION·Ch. 2 ENVIRONMENTAL PROTECTION FUNDS

(A)There is created within the Department of Health and Environmental Control a restricted account to be known as the Environmental Emergency Fund.

(B)The fund must be financed through the collection and deposit of fines and penalties levied by the department. However, a fine or penalty collected under any statute which provides explicitly for distribution of the fine or penalty, other than to the general fund including, but not limited to, those penalties distributed to the counties pursuant to Section 48-1-350, must not be deposited in the fund.

(C)Fines and penalties must be credited to the fund until the fund reaches two hundred fifty thousand dollars, at which time all subsequent fines and penalties must be deposited to the general fund or as otherwise prescribed by law. At no time

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(A) There is created within the Department of Health and Environmental Control a restricted account to be known as the Environmental Emergency Fund. (B) The fund must be financed through the collection and deposit of fines and penalties levied by the department. However, a fine or penalty collected under any statute which provides explicitly for distribution of the fine or penalty, other than to the general fund including, but not limited to, those penalties distributed to the counties pursuant to Section 48-1-350, must not be deposited in the fund. (C) Fines and penalties must be credited to the fund until the fund reaches two hundred fifty thousand dollars, at which time all subsequent fines and penalties must be deposited to the general fund or as otherwise prescribed by law. At no time shall the balance in the fund exceed two hundred fifty thousand dollars, and no more than two hundred fifty thousand dollars may be deposited to the fund in any fiscal year. (D) Interest accruing to the fund must be remitted to the general fund of the State.

South Carolina § 48-2-330 (Fund created; deposit of fines and penalties; maximum; interest.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.