Ch. 531

LAWS OF MARYLAND

(2) When the amount of the reserve is reduced below
$25,000 because of payment made under this section, payment of
the 1 cent into the. reserve shall resume.

7-514.2.

(A)  THE SECRETARY SHALL ESTABLISH WITHIN THE BITUMINOUS
COAL OPEN-PIT MINING RECLAMATION FUND A BOND SUPPLEMENT RESERVE
TO BE USED IF FUNDS RECEIVED FROM THE FORFEITURE OF BONDS UNDER §
7-513 OF THIS SUBTITLE ARE NOT SUFFICIENT:

(1)  TO RECLAIM THE LAND AFFECTED BY THE OPERATION ON
WHICH THE LIABILITY WAS CHARGED ON THE BOND; AND

(2)  TO PERFORM:

(I)  THE REQUIREMENTS OF THIS SUBTITLE;

(II)  THE REQUIREMENTS OF REGULATIONS ADOPTED
UNDER THIS SUBTITLE; AND

(III)  ANY PERMIT CONDITION THAT THE OPERATOR
HAS FAILED TO PERFORM.

(B) THE BOND SUPPLEMENT RESERVE CONSISTS OF THAT PORTION OF
THE ASSESSMENT UNDER § 7-507.1(C) OF THIS SUBTITLE THAT IS
CREDITED TO THE RESERVE.

(C) BEFORE SPENDING ANY MONEY FROM THE BOND SUPPLEMENT
RESERVE UNDER SUBSECTION (A) OF THIS SECTION, THE SECRETARY SHALL
NOTIFY THE LAND RECLAMATION COMMITTEE AT LEAST 30 DAYS BEFORE

ENTERING INTO ANY CONTRACTUAL AGREEMENT ON SOLICITING ANY

PROPOSAL FOR RECLAMATION OF ANY MINE SITE THAT USES OR WOULD USE
ANY MONEY FROM THE BITUMINOUS COAL OPEN PIT MINING RECLAMATION
FUND.

(D) THE DEPARTMENT MAY NOT USE ANY MONEY FROM THE

BITUMINOUS COAL OPEN PIT MINING RECLAMATION FUND FOR RECLAMATION
PURPOSES UNLESS THE LAND RECLAMATION COMMITTEE APPROVES THE USE
OF THE MONEY.

(B)  THE SECRETARY SHALL DEPOSIT TO THE CREDIT OF THE BOND
SUPPLEMENT RESERVE THE FOLLOWING FUNDS:

(1)  A PORTION OF THE ASSESSMENT UNDER § 7-507.1(B)(1)
OF THIS SUBTITLE EQUAL TO 2 CENTS 1 CENT FOR EACH TON OF COAL
PRODUCED FOR THE MONTH;

(2)  THE AMOUNT OF THE ASSESSMENT UNDER §
7-507.1(B)(2) OF THIS SUBTITLE; AND

(3)  THE AMOUNT OF THE ASSESSMENT UNDER § 7-507.1(D)
OF THIS SUBTITLE.

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