§2866. Mining Oversight Fund
1. Creation of fund. The Mining Oversight Fund, referred to in this section as "the fund," is established as a nonlapsing fund administered by the Mining Excise Tax Trust Fund Board of Trustees, referred to in this section as "the board." The board shall oversee and authorize expenditures from the fund.
[PL 2011, c. 653, §6 (AMD); PL 2011, c. 653, §33 (AFF).]
2. Investment. The Treasurer of State shall invest the money in the fund as authorized by Title 5, section 138.
[PL 1991, c. 883, §8 (NEW).]
3. Scope of corrective action.
[PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
4. Uses of fund. Money from the fund may be used only to fund oversight of mining activity as provided in the mining rules adopted by the Department of Environmental Protection under the Maine Metallic Mineral Mining Act, and expenses for site oversight. Expenses for site oversight include, but are not limited to, expenses of the department or the department's agents or contractors related to site oversight, including costs of personnel and administrative costs and expenses necessary to administer, review and monitor corrective action.
A. [PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
B. [PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
C. [PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
D. [PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
[PL 2011, c. 653, §6 (AMD); PL 2011, c. 653, §33 (AFF).]
5. Restrictions and liability.
[PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
6. Disposition of fund.
[PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
7. Depletion of fund.
[PL 2011, c. 653, §6 (RP); PL 2011, c. 653, §33 (AFF).]
SECTION HISTORY
PL 1991, c. 883, §8 (NEW). PL 2011, c. 653, §6 (AMD). PL 2011, c. 653, §33 (AFF). PL 2011, c. 682, §38 (REV).
Structure Maine Revised Statutes
Chapter 371: MINING EXCISE TAX
36 §2854. Excise tax in lieu of property taxes
36 §2858. Credits, refunds and amendments
36 §2859. Estimated tax requirements
36 §2860. Enforcement (REPEALED)
36 §2861. Municipal reimbursement
36 §2862. Distribution of remaining revenues
36 §2863. Grants for impact assistance
36 §2864. Just value (REPEALED)