(1) As used in this section, "fund" means the hazardous substance site response fund created in subsection (2) of this section.
The hazardous substance site response fund is created in the state treasury. The fundconsists of any moneys transferred pursuant to section 24-75-220 (4)(a)(III.5), C.R.S. The general assembly may appropriate moneys in the fund to the department for the purposes specified in section 25-16-104.
Any moneys in the fund not expended may be invested by the state treasurer asprovided by law. All interest and income derived from the investment and deposit of moneys in the fund are credited to the fund. Any unexpended and unencumbered moneys remaining in the fund at the end of a fiscal year remain in the fund and may not be credited or transferred to the general fund or any other fund.
Source: L. 2014: Entire section added, (HB 14-1339), ch. 299, p. 1252, § 1, effective May 31.