Section 105. Radioactive byproducts special fund  


Latest version.
  • 1.  There  is hereby
      continued in the custody of the state comptroller a special fund,  known
      as the "radioactive byproducts special fund."
        2.  All  moneys  received  by  the  council  from  making  charges  or
      administering, controlling, or disposing of  radioactive  byproducts  or
      from  otherwise  operating,  developing  and  managing  facilities after
      assumption  of  jurisdiction  thereof  by  the   council   pursuant   to
      subdivision  six  of  section  one hundred four of this article, and all
      moneys received by the council in connection  with  such  assumption  of
      jurisdiction,  shall be deposited directly in the radioactive byproducts
      special fund.
        3. The moneys of the radioactive byproducts special fund,  subject  to
      segregation  by  the  director  of  the  budget,  shall be available for
      payment of any and all costs and expenditures, including those  incurred
      pursuant to contracts and arrangements entered into, in carrying out the
      purposes of subdivision six of section one hundred four of this article,
      and  costs  and  expenditures  incidental  and  appurtenant thereto. All
      payments from such fund shall be made on the audit and  warrant  of  the
      state  comptroller on vouchers approved by the executive director or any
      other person designated by the council.
        4. In the event that the council shall determine  by  resolution  that
      the  purposes  for  which  the  radioactive  byproducts  special fund is
      established have ceased to exist, or that such fund  contains  money  in
      excess  of  the amount of money required to accomplish such purposes, it
      shall deliver a copy of such resolution to the  state  comptroller,  who
      thereupon  shall  pay forthwith all moneys in the radioactive byproducts
      special fund or such excess, as the case may be, into the state treasury
      to the credit of the general fund.
        5. Subject to the provisions of subdivision four of this section,  the
      state  comptroller  shall  invest  and  keep  invested the moneys of the
      radioactive byproducts special fund.