Sec. 22a-284d. MIRA Dissolution Authority. Funds. Environmental remediation costs. Tipping fee stabilization reimbursement and limit.
183 words·~1 min read·
/ct/title-22a/chapter-446e-solid-waste-management-services-act/22a-284d·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The funds possessed by the Materials Innovation and Recycling Authority, established pursuant to section 22a-260a , shall not constitute surplus revenues and shall be deemed necessary to provide support for the authority's properties systems and facilities, including any environmental remediation of such properties, systems and facilities. Such funds shall not be distributed or redistributed to the users of the authority's services. Users of the authority's services shall be liable for the environmental remediation costs of the authority's properties, systems and facilities if, and to the extent, any funds were distributed or redistributed by the authority to such users on or after January 1, 2023.
For the period commencing upon June 6, 2024, and ending on June 30, 2026, not more than six million dollars of any such funds expended for the purpose of tipping fee stabilization shall be reimbursed through the issuance of state bonds, provided the total issuance of state bonds for such funds shall not exceed thirteen million five hundred thousand dollars. On and after July 1, 2026, no such funds shall be utilized for the purpose of tipping fee stabilization.