Section 46.08.010. Fund established.

   (a) There is established in the state general fund the oil and hazardous substance release prevention and response fund. The fund shall be administered by the commissioner. The fund is composed of two accounts,
        (1) the oil and hazardous substance release prevention account;
        (2) the oil and hazardous substance release response account.
   (b) Money from an appropriation made to an account in the fund remaining in that account at the end of a fiscal year does not lapse and remains available for expenditure in successive fiscal years.
   (c) The fund shall be used for actual expenses incurred under AS 46.08.040. Except as provided in AS 46.08.040(a)(2)(D) for the acquisition, repair, or improvement of assets as preparedness measures, the fund may not be used for capital improvements.

Authorities

26.23.020;29.60.599;37.14.410;43.40.007;43.40.070;43.55.211;43.55.221;43.55.299;43.55.310;46.03.482;46.04.010;46.08.900

Notes

References

AS 26.23.020 The governor and disaster emergencies.
AS 29.60.599 Definitions.
AS 37.14.410 Reimbursed expenditures.
AS 43.40.007 Use of revenue derived from the refined fuel surcharge.
AS 43.40.070 Refund warrants.
AS 43.55.211 Use of revenue derived from surcharge.
AS 43.55.221 Suspension and reimposition of the surcharge.
AS 43.55.299 Definitions.
AS 43.55.310 Use of revenue derived from surcharge.
AS 46.03.482 Commercial passenger vessel environmental compliance fund.
AS 46.04.010 Reimbursement for cleanup expenses.
AS 46.08.900 Definitions.

History

(Sec. 1 ch 59 SLA 1986; am Sec. 3 ch 48 SLA 1991; am Sec. 21 - 23 ch 128 SLA 1994)