(A) The trust fund must be funded by annual appropriations from general tax revenues. The appropriated monies must be credited to the trust fund account and maintained separately from the general fund and other funds.
The monies credited to the account may be retained and carried forward, along with all interest earned.
(B) The trust fund must be administered by the Office of Ocean and Coastal Resource Management of the Department of Health and Environmental Control pursuant to this chapter and its regulations governing application, review, ranking, and approval procedures for grants.
HISTORY: 1999 Act No. 100, Part II, Section 8.
Structure South Carolina Code of Laws
Title 48 - Environmental Protection and Conservation
Chapter 40 - Beach Restoration And Improvement Trust Act
Section 48-40-10. Citation of chapter.
Section 48-40-20. Definitions.
Section 48-40-30. South Carolina Beach Restoration and Improvement Fund established.
Section 48-40-40. Trust fund appropriation; carry-over and interest; administration.
Section 48-40-60. Emergency reserve fund; administration; purpose.