14-37-10-1. “Fund” Defined
Sec. 1. As used in this chapter, “fund” refers to the oil and gas environmental fund established by this chapter. [Pre-1995 Recodification Citation: 13-8-12-1 part.] As added by P.L.1-1995, SEC.30.
14-37-10-2. Establishment and Administration of Fund
Sec. 2. The oil and gas environmental fund is established. The department shall administer the fund. [Pre-1995 Recodification Citation: 13-8-12-1 part.] As added by P.L.1-1995, SEC.30.
14-37-10-3. Deposits in Fund
Sec. 3. The following shall be deposited in the fund: (1) Annual fees for oil and gas wells received under IC 14-37-5. (2) Accrued interest and other investment earnings of the fund. (3) Civil penalties collected under IC 14-37. (4) Bonds forfeited under IC 14-37-13-2. (5) Gifts, grants, donations, or appropriations from any source. [Pre-1995 […]
14-37-10-4. Amount of Money in Fund; Investments; Transfer to State General Fund
Sec. 4. (a) Except as provided in subsection (d), money in the fund does not revert to the state general fund at the end of a state fiscal year. (b) The total amount of money in the fund may not exceed one million five hundred thousand dollars ($1,500,000). Any amount of money in the fund […]
14-37-10-5. Appropriations; Emergency Expenditures
Sec. 5. (a) Money paid into the fund shall be appropriated for the following purposes: (1) To supplement the cost required to abandon a well that has had a permit revoked under IC 14-37-13-1. (2) To cover the costs of remedial plugging and repairing of wells under IC 14-37-8, including the expenses of remedial action […]
14-37-10-6. Exhausting Other Sources of Funding Before Seeking Appropriation
Sec. 6. The department shall make a reasonable effort to exhaust any other sources of funding available for the purposes described in section 5 of this chapter before seeking an appropriation from the fund. If, however, a delay in: (1) plugging and repairing a well; or (2) mitigating environmental damage as provided under section 5 […]
14-37-10-7. Liability of Responsible Person
Sec. 7. (a) An expenditure made from the fund under this chapter does not release a responsible person from liability for the purposes described in section 5 of this chapter. (b) The department may seek reimbursement for expenses incurred under this chapter from a responsible person. [Pre-1995 Recodification Citation: 13-8-12-6.] As added by P.L.1-1995, SEC.30.