Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
Clean water/clean air bond fund
State Finance (STF) CHAPTER 56, ARTICLE 6
§ 97-aaa. Clean water/clean air bond fund. 1. There is hereby
established in the joint custody of the state comptroller and the
commissioner of taxation and finance a special fund to be known as the
"clean water/clean air bond fund".

2. The comptroller shall establish the following separate and distinct
accounts within the clean water/clean air bond fund: (a) safe drinking
water account; (b) clean water account; (c) solid waste account; (d)
environmental restoration account; and (e) air quality improvement

3. All moneys received by the state from the sale of bonds or notes
for the purpose of the clean water/clean air bond fund shall be
deposited by the comptroller into the clean water/clean air bond fund
established pursuant to this section.

4. Moneys in this fund, following appropriation by the legislature and
allocation by the director of the budget, shall be available only for
the reimbursement of expenditures made from appropriations from the
capital projects fund for the purposes set forth in the Clean
Water/Clean Air Bond Act of 1996.