§ 103I.345 — Well and Boring Sealing Account
Plain-Language Summary
This section creates the well and boring sealing account in the state treasury. The account receives money from fees, penalties, and repayments, and is used to pay for sealing wells when owners cannot or do not do it themselves.
103I.345 WELL AND BORING SEALING ACCOUNT.
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Subdivision 1.Revenue sources.
Revenue from the following sources must be deposited in the state treasury and credited to a special account:
(1) all money recovered by the commissioner under section 103I.341;
(2) all money paid under section 144.99 or under any agreement, stipulation, or settlement resolving an enforcement action brought by the commissioner;
(3) all interest attributable to investment of money credited to the account; and
(4) all money received in the form of gifts, grants, reimbursements, or appropriations from any source intended to be used for the purposes of the account. §
Subd. 2.Expenditures.
Subject to appropriation by law, money in the account established under subdivision 1 may be used by the commissioner for sealing wells and borings.
History:
1992 c 544 s 12; 1993 c 206 s 1; 2005 c 106 s 28
History: History: 1992 c 544 s 12; 1993 c 206 s 1; 2005 c 106 s 28