2011 ORS § 468B.455¹
Oil Spillage Control Fund
- • source
- • use
(1) There is established an Oil Spillage Control Fund separate and distinct from the General Fund. This account shall be a revolving fund, the interest of which shall be credited to the Oil Spillage Control Fund.
(2) All penalties recovered under ORS 468B.450 (Willful or negligent discharge of oil) (1) shall be paid into the Oil Spillage Control Fund. Such moneys are continuously appropriated to the Department of Environmental Quality for the advancement of costs incurred in carrying out cleanup activities and for the rehabilitation of affected fish and wildlife as provided under ORS 468B.060 (Liability for damage to fish or wildlife or habitat).
(3) With the approval of the Environmental Quality Commission, the moneys in the Oil Spillage Control Fund may be invested as provided by ORS 293.701 (Definitions for ORS 293.701 to 293.820) to 293.820 (Separate accounts for each local government), and earnings from such investment shall be credited to the fund.
(4) The Oil Spillage Control Fund shall not be used for any purpose other than that for which the fund was created. [Formerly 468.819; 2007 c.217 §5]