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2011 Kansas Code
Chapter 65. - PUBLIC HEALTH
Article 34. - SOLID AND HAZARDOUS WASTE
65-34,131 Kansas essential fuels supply trust fund; reimbursement for allowable expenses.

65-34,131.Kansas essential fuels supply trust fund; reimbursement for allowable expenses. (a) There is hereby established as a segregated fund in the state treasury the Kansas essential fuels supply trust fund. The fuels supply fund shall be administered by the secretary. Revenue from the following sources shall be deposited in the state treasury and credited to the fuels supply fund:

(1) The applicable proceeds of the environmental assurance fee imposed by K.S.A. 65-34,117, and amendments thereto; and

(2) interest attributable to investment of moneys in the fuels supply fund.

(b) The fuels supply fund shall be used for the following:

(1) To reimburse an eligible owner of an aboveground storage tank or bulk plant in accordance with the provisions of K.S.A. 2010 Supp. 65-34,132, and amendments thereto, for allowable expenses for an upgrade or permanent closure of an aboveground storage tank or bulk plant; and

(2) payment of the administrative technical and legal costs incurred by the secretary in carrying out the provisions of K.S.A. 2010 Supp. 65-34,131 and 65-34,132, and amendments thereto, including the cost of any additional employees or increased general operating costs of the department attributable thereto, which costs shall not be payable from any moneys other than those credited to the fuels supply trust fund.

(c) On or before the 10th of each month, the director of accounts and reports shall transfer from the state general fund to the above Kansas essential fuels supply trust fund interest earnings based on:

(1) The average daily balance of moneys in the above Kansas essential fuels supply trust fund for the preceding month; and

(2) the net earnings rate of the pooled money investment portfolio for the preceding month.

(d) All expenditures from the above Kansas essential fuels supply trust fund shall be made in accordance with appropriation acts upon warrants of the director of accounts and reports issued pursuant to vouchers approved by the secretary for the purposes set forth in this section.

(e) This section shall be part of and supplemental to the Kansas storage tank act.

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