LAC 43:I.2307

LAC 43:I.2307. Use of the Fund

Last amended: 1995Year: 2026Length: 127 wordsOfficial source

Cite as La. Admin. Code tit. 43, pt. I, § 2307

A. In addition to the administrative cost provided for herein, the monies in the fund may be disbursed and expended as directed by the secretary for the following purposes: 1. any oilfield site assessments or restoration conducted by the department pursuant to this Part. Provided, however, that the amount of money expended for the cost of a site assessment shall not exceed 10 percent of the cost to restore the site; 2. any costs and fees associated with the recovery of site restoration costs and penalties pursuant to R.S. 30:93 and 94; 3. the costs of assessment or restoration of commercial facilities as defined in R.S. 30:73(4) not to exceed 25 percent of any sums deposited within the same calendar year in which the monies are expended.