§ 45.2-1043 — Coal Surface Mining Reclamation Fund

Virginia § 45.2-1043

• Jurisdiction: Virginia
• Title 45.2: Mines, Minerals, and Energy
• Subtitle II: Coal Mining
• Ch. 10: Virginia Coal Surface Mining Control and Reclamation Act of 1979
• Art. 5: Coal Surface Mining Reclamation Fund
• Part C: Surface Coal Mines

Text

There is hereby created in the state treasury a special nonreverting fund to be known as the Coal Surface Mining Reclamation Fund, referred to in this article as "the Fund." The Fund shall be established on the books of the Comptroller. All payments made into the Fund in accordance with the provisions of this article shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely for the purposes set forth in this article. Expenditures and disbursements from the Fund shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Director.

Legislative History

1982, c. 334, § 45.1-270.1; 2021, Sp. Sess. I, c. 387.