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Current as of January 01, 2024 | Updated by Findlaw Staff
The fund shall consist of the following sources:
(1) Sums the legislature may appropriate;
(2) Moneys received from federal, state, or other sources for the purpose of response, containment, abatement, rehabilitation, and monitoring costs from an oil spill in marine or estuarine waters;
(3) Moneys received from any private donor for the oil spill prevention, administration, and response fund;
(4) Costs recovered or otherwise received from parties responsible for the containment and cleanup of oil at a specific site, but excluding funds from performance bonds and other forms of financial responsibility held in escrow pending satisfactory performance of a privately funded response action;
(5) Fines, penalties, or damages recovered under any sections of this chapter, chapter 12.5 of this title, or other law as a result of the release or threatened release of oil;
(6) The fee required pursuant to § 46-12.7-4.1; and
(7) Any interest earned on the moneys in the fund.
Cite this article: FindLaw.com - Rhode Island General Laws Title 46. Waters and Navigation § 46-12.7-3.1. Financing of the fund - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-46-waters-and-navigation/ri-gen-laws-sect-46-12-7-3-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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