Health & Saf. Code, § 25299.51.3 · Article 6. Underground Storage Tank Cleanup Fund
Health & Saf. Code, § 25299.51.3
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) The board shall conduct a study to determine the cost-effectiveness and the feasability of issuing bonds to satisfy the obligations against the fund existing on the effective date of this section. The proceeds from the bonds would be used to expedite the payment of active claims and those claims on the priority list awaiting reimbursement. At a minimum, the study shall include participants from the board, the Department of Finance, the Treasurer’s office, the California Infrastructure and Economic Development Bank, and fund stakeholders, including claimant and industry representatives.
(b) The board shall, on or before March 1, 2018, post a report of the study conducted pursuant to this section on the board’s Internet Web site.
Notes and commentary — not statutory text
History
Added by Stats. 2014, Ch. 547, Sec. 14. (SB 445) Effective September 25, 2014. Inoperative January 1, 2036, pursuant to Section 25299.81.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=25299.51.3.
- Text hash
- sha256 c8ce93eaa5a1cd0d59d3a4b22eea214a3f967d78b116cfb723b03c3c6addb6aa
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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