Sec. 5. Special accounts
238 words·~1 min read·
/bill/115/s/3727/is/section-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There is established in the Treasury of the United States a Good Samaritan Mine Remediation Fund (referred to in this section as a Fund ) for each Federal land management agency that authorizes a Good Samaritan to conduct a project on Federal land under the jurisdiction of that Federal land management agency under a Good Samaritan permit. Each Fund shall consist of— amounts provided in appropriation Acts; any reimbursements for the costs of oversight received under section 4(f)(5)(B)(ii); any financial assurance funds collected from an agreement described in section 4(m)(1)(A)(vi)(V)(bb); any funds collected for long-term operations and maintenance under an agreement under section 4(r)(5); any interest earned under an investment under subsection (c); and any proceeds from the sale or redemption of investments held in the Fund.
Amounts in each Fund not currently needed to carry out this Act shall be— maintained as readily available or on deposit; invested in obligations of the United States or guaranteed by the United States; or invested in obligations, participations, or other instruments that are lawful investments for a fiduciary, a trust, or public funds. Each head of a Federal land management agency, as appropriate, may, notwithstanding any other provision of law, retain and use money deposited in the applicable Fund without fiscal year limitation for the purpose of carrying out this Act.
Amounts in each Fund may only be used for the Good Samaritan project for which the funds were deposited.