Guam § 76114 - Underground Storage Tank Management Fund.

§ 76114. Underground Storage Tank Management Fund.

There is hereby established a fund to be known as the “Underground

Storage Tank Management Fund,” hereafter referred to as the UST-LUST

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Fund, a non-lapsing, revolving fund which shall be maintained separate and

apart from any other funds of the government of Guam.

(a) All fees, reimbursements, assessments, fines, forfeitures, and

other funds collected or received pursuant to this Chapter, shall be

deposited in the UST-LUST Fund, and shall not lapse at the end of the

fiscal year, but shall rollover into the next fiscal year or until expended.

Independent records and accounts shall be maintained in connection

therewith. The UST-LUST Fund shall be kept in a bank licensed to do

business on Guam, and funds shall be paid out only upon a request for

payment or requisition submitted by the Administrator. All monies in

the UST-LUST Fund are hereby appropriated to the Guam

Environmental Protection Agency (GEPA) to be expended in

accordance with this part and are not subject to I Maga’låhi’s transfer

authority. The Administrator shall comply with all existing reporting

requirements by issuing a quarterly accounting of the UST-LUST Fund

to I Maga’lahen Guåhan, I Liheslaturan Guåhan, and the Office of

Public Accountability. The Administrator shall ensure the UST-LUST

Fund is in compliance with all existing statutes, rules and regulations,

codes, executive orders, and any other authority which is applicable to

GEPA and the use of the funds in the UST-LUST Fund pursuant to this

Chapter.

(b) The Administrator shall administer the UST-LUST Fund and

make disbursements from the Fund:

(1) to fund the implementation of actions authorized by §

76113 of this Chapter;

(2) to train Agency employees in the regulation of USTs and

the response to the release of regulated substances from USTs; or

(3) to fund the administration and implementation of this

Chapter, including, but not limited to, purchase of equipment,

supplies, public outreach, and payment of personnel costs and

service contracts arising from enforcement of this Chapter.