CHAPTER 129
HOUSE BILL No. 3020*
An Act establishing the sunflower army ammunition plant remediation
trust fund; providing
for administration and use of such fund.
Be it enacted by the Legislature of the State of Kansas:
Section 1. (a) As used in this
section:
(1) ``Consent decree agreement'' means
any consent decree agree-
ment entered into pursuant to K.S.A. 1999 Supp. 74-8922, and
amend-
ments thereto, between the department and the oz entertainment
com-
pany associated with the remediation of environmental contamination
at
the sunflower army ammunition plant located at Desoto, Kansas.
(2) ``Department'' means the department
of health and environment.
(3) ``Qualified expenses'' means costs of
remediation which are de-
termined to be qualified expenses pursuant to a consent decree
agree-
ment.
(4) ``Secretary'' means the secretary of
health and environment.
(b) There is hereby established in the
state treasury the sunflower
army ammunition plant remediation trust fund, to be administered by
the
secretary.
(c) The department shall remit to the
state treasurer any proceeds
received by the department from the payment obligation surety
bond
furnished by the oz entertainment company to the department
pursuant
to a consent decree agreement. Upon receipt of such proceeds, the
state
treasurer shall deposit the entire amount in the state treasury and
credit
it to the sunflower army ammunition plant remediation trust
fund.
(d) Moneys in the sunflower army
ammunition plant remediation
trust fund shall be expended only for payment of qualified expenses
of
remediation of environmental contamination at the sunflower army
am-
munition plant for which the oz entertainment company has
accepted
responsibility for payment. Moneys in the fund shall be expended
for no
other governmental purpose.
(e) On or before the 10th of each month,
the director of accounts
and reports shall transfer from the state general fund to the
sunflower
army ammunition plant remediation trust fund interest earnings
based
on:
(1) The average daily balance of moneys
in the sunflower army am-
munition plant remediation trust fund for the preceding month;
and
(2) the net earnings rate for the pooled
money investment portfolio
for the preceding month.
(f) All expenditures from the sunflower
army ammunition plant re-
mediation trust fund shall be made in accordance with appropriation
acts
upon warrants of the director of accounts and reports issued
pursuant to
vouchers approved by the secretary for the purposes set forth in
this
section.
Sec. 2. This act shall take effect and be in force
from and after its
publication in the Kansas register.
Approved April 20, 2000.
Published in the Kansas Register April 27, 2000.
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