The fund shall be deposited in an interest-bearing account. The cabinet shall be responsible for collecting and receiving funds as provided in this section and all such assessments collected or received by the State Treasury shall be deposited in the hazardous waste management fund. All interest earned on the money deposited in the fund shall be deposited to the fund. When the State Treasurer certifies to the cabinet that the uncommitted balance of the hazardous waste management fund exceeds six million dollars ($6,000,000), assessments shall not be collected until the State Treasurer certifies to the cabinet that the balance in the hazardous waste management fund is less than three million dollars ($3,000,000). The implementation of the cap on the fund shall be suspended from July 13, 1990, until July 1, 1991. In addition, for assessments paid after July 1, 1991, the cabinet shall refund or grant a credit against the next assessment to come due, on a pro-rated basis, any money collected in one (1) year in excess of the cap.
KRS 224.46-580
Amended 2010, Ky. Acts ch. 24, sec. 372, effective7/15/2010. -- Amended 2008, Ky. Acts ch. 104, sec. 1, effective 7/15/2008. -- Amended 2006, Ky. Acts ch. 36, sec. 1, effective 7/12/2006. -- Amended 2004, Ky. Acts ch. 44, sec. 1, effective 7/13/2004. -- Amended 2002, Ky. Acts ch. 54, sec. 1, effective 7/15/2002. -- Amended 2000, Ky. Acts ch. 351, sec. 1, effective 7/14/2000. -- Amended 1994 Ky. Acts ch. 460, sec. 8, effective 7/15/1994. -- Amended 1990 Ky. Acts ch. 432, sec. 1, effective 7/13/1990; and ch. 496, sec. 57, effective 7/13/1990. -- Amended 1988 Ky. Acts ch. 159, sec. 1, effective 7/15/1988. -- Amended 1986 Ky. Acts ch. 237, sec. 8, effective 7/15/1986; and ch. 298, sec. 1, effective 7/15/1986. -- Amended 1984 Ky. Acts ch. 363, sec. 1, effective 7/13/1984. --Created 1980 Ky. Acts ch. 263, sec. 1, effective 7/15/1980.