Current through L. 2024, c. 62.
Section 58:10B-4 - Hazardous Discharge Site Remediation Funda. There is established in the New Jersey Economic Development Authority a special, revolving fund to be known as the Hazardous Discharge Site Remediation Fund. Except as provided in section 4 of P.L. 2007, c. 135(C.52:27D-130.7), moneys in the remediation fund shall be dedicated for the provision of financial assistance or grants to municipalities, counties, redevelopment entities authorized to exercise redevelopment powers pursuant to section 4 of P.L. 1992, c.79 (C.40A:12A-4), and persons, for the purpose of financing remediation activities at sites at which there is, or is suspected of being, a discharge of hazardous substances or hazardous wastes.b. The remediation fund shall be credited with:(1) moneys as are appropriated by the Legislature;(2) moneys deposited into the fund as repayment of principal and interest on outstanding loans made from the fund;(3) any return on investment of moneys deposited in the fund;(4) (Deleted by amendment, P.L. 2009, c. 60);(5) moneys deposited in the fund as repayment of recoverable grants made by the New Jersey Redevelopment Authority for brownfield redevelopment;(6) moneys deposited into the fund from cost recovery subrogation actions; and(7) moneys made available to the authority for the purposes of the fund.Amended by L. 2009, c. 60,s. 44, eff. 11/3/2009.Amended by L. 2007, c. 135,s. 1, eff. 11/4/2007.Amended by L. 2005, c. 223, s. 2, eff. 9/15/2005.L.1993, c.139, s.26; amended 1997 c. 278, s. 12.