Oil Spill Prevention Fund
- • uses
(1) The Oil Spill Prevention Fund is established separate and distinct from the General Fund in the State Treasury. Interest earned on the fund shall be credited to the fund. Moneys received by the Department of Environmental Quality for the purpose of oil and hazardous material spill prevention and the fees collected under ORS 468B.405 (Fees) shall be paid into the State Treasury and credited to the fund.
(2) The State Treasurer shall invest and reinvest moneys in the Oil Spill Prevention Fund in the manner prescribed by law.
(3) The moneys in the Oil Spill Prevention Fund are appropriated continuously to the Department of Environmental Quality to be used in the manner described in subsection (4) of this section.
(4) The Oil Spill Prevention Fund may be used by the Department of Environmental Quality to:
(a) Pay all costs of the department incurred to:
(A) Review the contingency plans submitted under ORS 468B.360 (Review of contingency plan);
(B) Conduct training, response exercises, inspection and tests in order to verify equipment inventories and ability to prevent and respond to oil release emergencies and to undertake other activities intended to verify or establish the preparedness of the state, a municipality or a party required by ORS 468B.345 (Oil spill contingency plan required to operate facility or covered vessel in state or state waters) to 468B.415 (Oregon coast safety committee) to have an approved contingency plan to act in accordance with that plan; and
(C) Verify or establish proof of financial responsibility required by ORS 468B.390 (Compliance with federal Oil Pollution Act of 1990).
(b) Review and revise the oil spill response plan required by ORS 468B.495 (Interagency response plan for oil or hazardous material spills in certain waters) and 468B.500 (Contents of plan). [1991 c.651 §18]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information