The legislature finds and declares that the release of oil or hazardous substances into the environment presents a real and substantial threat to the public health and welfare, to the environment, and to the economy of the state. The legislature therefore concludes that it is in the best interest of the state and its citizens to provide a readily available fund for the payment of expenses that the department of environmental management incurs in the protection of the environment of the state from the release of oil. The legislature further recognizes the considerable hardships which may be incurred by the citizens of the state as a direct result of the release of oil into the environment, and therefore the legislature concludes that it is in the best interest of the state to expand the scope of the fund to allow claims from citizens, in certain instances, and to provide for the disbursal of emergency loans from the fund. The legislature lastly concludes that preparedness is an essential component of prevention of and response to oil spill events and, therefore, the purpose of the fund shall be further expanded to support activities which will directly benefit the state in the event of future oil spill events.
History of Section.
P.L. 1990, ch. 324, § 4; P.L. 1995, ch. 370, art. 40, § 157; P.L. 1996, ch. 289, § 2; P.L. 2002, ch. 62, § 2.