444.730. Mined land reclamation fund created--purpose. - Missouri Statutes

Mined land reclamation fund created--purpose.

444.730. 1. All sums received through the payment of feesor the forfeiture of bonds pursuant to sections 444.500 to444.970 shall be placed in the state treasury and credited to the"Mined Land Reclamation Fund" which is hereby created.

2. After appropriation by the general assembly, the money inthis fund shall be expended for the administration andenforcement of sections 444.500 to 444.970 and for reclamation ofland affected by strip mine and surface mine and for no otherpurpose. Any portion of the fund not immediately needed for thepurposes authorized shall be invested by the state treasurer asprovided by the constitution and laws of this state. All incomefrom such investments shall, unless otherwise prohibited by theconstitution of this state, be deposited in the mined landreclamation fund. The provisions of section 33.080, RSMo,relating to the transfer of unexpended balances in various fundsto the general revenue fund at the end of each biennium shall notapply to funds in the mined land reclamation fund. However, anyamount in the fund in excess of three million dollars, exclusiveof interest and security forfeiture proceeds, shall lapse togeneral revenue at the end of each biennium.

3. The moneys collected from any bond forfeiture shall beexpended upon the lands for which the permit was issued and forwhich the bond was given.

4. General revenue of the state may be appropriated orexpended for the administration or enforcement of sections444.500 to 444.970.

(L. 1971 S.B. 1 § 26, A.L. 1983 S.B. 241, A.L. 1987 H.B. 669, A.L. 1990 H.B. 1584)