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1 | AN ACT concerning finance.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Environmental Protection Act is amended by | ||||||||||||||||||||||||
5 | changing Section 57.11 as follows:
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6 | (415 ILCS 5/57.11)
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7 | Sec. 57.11. Underground Storage Tank Fund; creation.
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8 | (a) There is hereby created in the State Treasury a special | ||||||||||||||||||||||||
9 | fund
to be known as the Underground Storage Tank Fund. There | ||||||||||||||||||||||||
10 | shall be deposited
into the Underground Storage Tank Fund all | ||||||||||||||||||||||||
11 | monies received by the Office of the
State Fire Marshal as fees | ||||||||||||||||||||||||
12 | for underground storage tanks under Sections 4 and 5
of the | ||||||||||||||||||||||||
13 | Gasoline Storage Act and as fees pursuant to the Motor Fuel Tax | ||||||||||||||||||||||||
14 | Law.
All amounts held in the Underground Storage Tank Fund | ||||||||||||||||||||||||
15 | shall be invested at
interest by the State Treasurer. All | ||||||||||||||||||||||||
16 | income earned from the investments shall
be deposited into the | ||||||||||||||||||||||||
17 | Underground Storage Tank Fund no less frequently than
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18 | quarterly. Moneys in the Underground Storage Tank Fund, | ||||||||||||||||||||||||
19 | pursuant to
appropriation, may be used by the Agency and the | ||||||||||||||||||||||||
20 | Office of the State Fire
Marshal for the following purposes:
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21 | (1) To take action authorized under Section 57.12 to | ||||||||||||||||||||||||
22 | recover costs under
Section 57.12.
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23 | (2) To assist in the reduction and mitigation of damage |
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1 | caused by leaks
from underground storage tanks, including | ||||||
2 | but not limited to, providing
alternative water supplies to | ||||||
3 | persons whose drinking water has become
contaminated as a | ||||||
4 | result of those leaks.
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5 | (3) To be used as a matching amount towards federal | ||||||
6 | assistance relative to
the release of petroleum from | ||||||
7 | underground storage tanks.
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8 | (4) For the costs of administering activities of the | ||||||
9 | Agency and the Office
of the State Fire Marshal relative to | ||||||
10 | the Underground Storage Tank Fund.
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11 | (5) For payment of costs of corrective action incurred | ||||||
12 | by and
indemnification to operators of underground storage | ||||||
13 | tanks as provided in this
Title.
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14 | (6) For a total of 2 demonstration projects in amounts | ||||||
15 | in excess of a
$10,000 deductible charge designed to assess | ||||||
16 | the viability of corrective action
projects at sites which | ||||||
17 | have experienced contamination from petroleum releases.
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18 | Such demonstration projects shall be conducted in | ||||||
19 | accordance with the provision
of this Title.
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20 | (7) Subject to appropriation, moneys in the | ||||||
21 | Underground Storage Tank Fund
may also be used by the | ||||||
22 | Department of Revenue for the costs of administering
its | ||||||
23 | activities relative to the Fund and for refunds provided | ||||||
24 | for in Section
13a.8 of the Motor Fuel Tax Act.
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25 | (b) Moneys in the Underground Storage Tank Fund may, | ||||||
26 | pursuant to
appropriation, be used by the Office of the State |
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1 | Fire Marshal or the Agency to
take whatever emergency action is | ||||||
2 | necessary or appropriate to assure that the
public health or | ||||||
3 | safety is not threatened whenever there is a release or
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4 | substantial threat of a release of petroleum from an | ||||||
5 | underground storage tank
and for the costs of administering its | ||||||
6 | activities relative to the Underground
Storage Tank Fund.
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7 | (c) Beginning July 1, 1993, the Governor shall certify to | ||||||
8 | the State
Comptroller and State Treasurer the monthly amount | ||||||
9 | necessary to pay debt
service on State obligations issued | ||||||
10 | pursuant to Section 6 of the General
Obligation Bond Act. On | ||||||
11 | the last day of each month, the Comptroller shall order
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12 | transferred and the Treasurer shall transfer from the | ||||||
13 | Underground Storage Tank
Fund to the General Obligation Bond | ||||||
14 | Retirement and Interest Fund the amount
certified by the | ||||||
15 | Governor, plus any cumulative deficiency in those transfers
for | ||||||
16 | prior months.
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17 | (d) Except as provided in subsection (c) of this Section, | ||||||
18 | the Underground Storage Tank Fund is not subject to sweeps, | ||||||
19 | administrative charges, or charge-backs, including but
not | ||||||
20 | limited to, those authorized under Section 8h of the State | ||||||
21 | Finance Act, or any other fiscal or budgetary maneuver that
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22 | would in any way transfer any funds from the Underground | ||||||
23 | Storage Tank Fund into any other
fund of the State. | ||||||
24 | (Source: P.A. 90-491, eff. 1-1-98.)
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25 | Section 99. Effective date. This Act takes effect upon | ||||||
26 | becoming law.
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