Section 25330.4 Of Article 3. Hazardous Substance Account From California Health And Safety Code >> Division 20. >> Chapter 6.8. >> Article 3.
25330.4
. (a) Notwithstanding any other provision of law, the
Controller shall establish a separate subaccount in the state
account, for any funds received from a settlement agreement or the
General Fund for a removal or remedial action to be performed at a
specific site.
(b) Notwithstanding Section 13340 of the Government Code, funds
deposited in the subaccount for those removal or remedial actions are
hereby continuously appropriated to the department, without regard
to fiscal years, for removal or remedial action at the specific site,
and for administrative costs associated with the removal or remedial
action at the specific site.
(c) Notwithstanding any other provision of law, money in the
subaccount for those removal or remedial actions shall not revert to
the General Fund or be transferred to any other fund or account in
the State Treasury, except for purposes of investment as provided in
Article 4 (commencing with Section 16470) of Chapter 3 of Part 2 of
Division 4 of Title 2 of the Government Code.
(d) Notwithstanding Section 16305.7 of the Government Code, all
interest or other increment resulting from investment of the funds
specified in subdivision (a) pursuant to Article 4 (commencing with
Section 16470) of Chapter 3 of Part 2 of Division 4 of Title 2 of the
Government Code shall be deposited in the subaccount for removal or
remedial action at the specific sites.
(e) At the conclusion of all removal or remedial actions at the
specific site, any unexpended funds in any subaccounts established
pursuant to this section shall be transferred to the subaccount for
site operation and maintenance established pursuant to Section
25330.5, if necessary, for those activities at the site, or, if not
needed for site operation and maintenance at the site, to the Toxic
Substances Control Account.
(f) (1) There is hereby created a subaccount in the state account
as the successor fund to the Stringfellow Insurance Proceeds Account
created pursuant to former Section 25330.6, as that section read on
January 1, 2013. All assets, liabilities, and surplus in the
Stringfellow Insurance Proceeds Account shall be transferred to, and
become a part of, this subaccount for the Stringfellow Superfund Site
in Riverside County, as provided in Section 16346 of the Government
Code. All appropriations from the Stringfellow Insurance Proceeds
Account, to the extent encumbered, shall continue to be available
from the subaccount for expenditure for the same purposes and
periods.
(2) This subdivision shall become operative on July 1, 2013.