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Session Laws, 1989
Volume 771, Page 3263   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                    Ch. 531

(C)  WHEN THE AMOUNT OF MONEY IN THE BOND SUPPLEMENT
RESERVE EQUALS OR EXCEEDS $300,000 AT THE END OF THE MONTH,
DEPOSITS INTO THE RESERVE OF THE AMOUNTS PROVIDED IN SUBSECTION
(B)(1) AND (2) OF THIS SECTION SHALL END TEMPORARILY.

(D)  THE ASSESSMENT UNDER § 7-507.1(D) OF THIS SUBTITLE
SHALL END TEMPORARILY FOR ANY MONTH WHEN:

(1)  THE AMOUNT OF MONEY IN THE BOND SUPPLEMENT
RESERVE EQUALS OR EXCEEDS $300,000 AT THE END OF THE MONTH;

(2)  AN AMOUNT EQUAL TO THE AMOUNT PAID TO THE
BOND SUPPLEMENT RESERVE UNDER SUBSECTION (B)(1) OF THIS SECTION
FROM THE ASSESSMENT UNDER § 7-507.1(D) HAS BEEN CREDITED TO THE
BITUMINOUS COAL OPEN-PIT MINING RECLAMATION FUND; AND

(3)  AN AMOUNT EQUAL TO THE AMOUNT PAID TO THE
BOND SUPPLEMENT RESERVE UNDER SUBSECTION (B)(2) OF THIS SECTION
FROM THE ASSESSMENT UNDER § 7-507.1(D) HAS BEEN REMITTED TO THE
FISCAL AUTHORITY OF THE COUNTY IN WHICH THE COAL WAS REMOVED.

(E)  AT THE END OF ANY MONTH WHEN THE AMOUNT OF MONEY IN
THE BOND SUPPLEMENT RESERVE IS REDUCED BELOW $200,000;

(1)  THE ASSESSMENT UNDER § 7-507.1(D) OF THIS
SUBTITLE SHALL RESUME; AND

(2)  DEPOSITS INTO THE BOND SUPPLEMENT RESERVE
OF THE AMOUNTS IN SUBSECTION (B)(1), (2), AND (3) OF THIS SECTION
SHALL RESUME.

(F)  THE SECRETARY SHALL NOTIFY EACH COUNTY WHEN
REMITTING OR SUSPENDING THE REMITTANCE OF THE AMOUNT UNDER
SUBSECTION (B)(2) OF § 7-507.1.

(G)  THE SECRETARY SHALL MEET AND CONFER WITH THE LAND
RECLAMATION COMMITTEE AT LEAST 30 DAYS BEFORE PROCURING ANY
SERVICES FOR WHICH FUNDS FROM THE BOND SUPPLEMENT RESERVE WILL BE
USED, AND SHALL PROVIDE THE COMMITTEE AN OPPORTUNITY TO SUBMIT
COMMENTS AND RECOMMENDATIONS ABOUT THE PROPOSED EXPENDITURE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act

shall take effect July 1, 1989.

- 3263 -

 

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Session Laws, 1989
Volume 771, Page 3263   View pdf image
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