ENROLLED
COMMITTEE SUBSTITUTE
FOR
H. B. 3339
(By Delegate Mahan)
[Passed April 11, 2009; in effect from passage.]
AN ACT to amend and reenact §22-16-12 of the Code of West Virginia,
1931, as amended, relating to facilitate the complete closure
of the Gwinn, or otherwise known as the Midwest Landfill,
located in Summers County, by having the Secretary of the
Department of Environmental Protection place said closure as
a top priority use of Solid Waste Facility Closure Cost
Assistance Fund moneys.
Be it enacted by the Legislature of West Virginia:
That §22-16-12 of the Code of West Virginia, 1931, as amended,
be amended and reenacted to read as follows:
ARTICLE 16. SOLID WASTE LANDFILL CLOSURE ASSISTANCE.
§22-16-12. Solid Waste Facility Closure Cost Assistance Fund;
closure extension; reporting requirements.
(a) The "Closure Cost Assistance Fund" is continued as a
special revenue account in the State Treasury. The fund shall
operate as a special fund whereby all deposits and payments thereto do not expire to the General Revenue Fund, but shall remain in such
account and be available for expenditure in the succeeding fiscal
year. Separate subaccounts may be established within the special
account for the purpose of identification of various revenue
resources and payment of specific obligations.
(b) Interest earned on any money in the fund shall be
deposited to the credit of the fund.
(c) The fund consists of the following:
(1) Moneys collected and deposited in the State Treasury which
are specifically designated by acts of the Legislature for
inclusion in the fund, including moneys collected and deposited
into the fund pursuant to section four of this article;
(2) Contributions, grants and gifts from any source, both
public and private, which may be used by the secretary for any
project or projects;
(3) Amounts repaid by permittees pursuant to section eighteen,
article fifteen of this chapter; and
(4) All interest earned on investments made by the state from
moneys deposited in this fund.
(d) The Solid Waste Management Board, upon written approval of
the secretary, has the authority to pledge all or such part of the
revenues paid into the Closure Cost Assistance Fund as may be
needed to meet the requirements of any revenue bond issue or issues
of the Solid Waste Management Board authorized by this article,
including the payment of principal of, interest and redemption premium, if any, on such revenue bonds and the establishing and
maintaining of a reserve fund or funds for the payment of the
principal of, interest and redemption premium, if any, on such
revenue bond issue or issues when other moneys pledged may be
insufficient therefor. Any pledge of moneys in the Closure Cost
Assistance Fund for revenue bonds shall be a prior and superior
charge on such fund over the use of any of the moneys in such fund
to pay for the cost of any project on a cash basis. Expenditures
from the fund, other than for the retirement of revenue bonds, may
only be made in accordance with this article.
(e) The amounts deposited in the fund may be expended only on
the cost of projects as provided for in sections three and fifteen
of this article, as provided in subsection (f) of this section and
for payment of bonds and notes issued pursuant to section five of
this article. No more than two percent of the annual deposits to
such fund may be used for administrative purposes.
(f) Notwithstanding any provision of this article, upon
request of the Solid Waste Management Board, and with the approval
of the projects by the Secretary of the Department of Environmental
Protection, the secretary may pledge and place into escrow accounts
up to an aggregate of $2,000,000 of the fund to satisfy two years
debt service requirement that permittees of publicly-owned
landfills and transfer stations are required to meet in order to
obtain loans. Pledges shall be made on a project-by-project basis,
may not exceed $500,000 for a project and shall be made available after loan commitments are received. The secretary may pledge
funds for a loan only when the following conditions are met:
(1) The proceeds of the loan are used only to perform
construction of a transfer station or a composite liner system that
is required to meet title forty-seven, series thirty-eight, solid
waste management rules;
(2) The permittee dedicates all yearly debt service revenue,
as determined by the Public Service Commission, to meet the
repayment schedule of the loan, before it uses available revenue
for any other purpose; and
(3) That any funds pledged may only be paid to the lender if
the permittee is in default on the loan.
(g) Any landfills which were ordered to close by December 31,
1994, and which have been granted a certificate of need pursuant to
subsection (b), section one-c, article two, chapter twenty-four of
this code or section one-i of said article are hereby granted a
closure extension until January 1, 1996. No landfill which closed
on or before September 30, 1994, shall be eligible for such an
extension.
(h) The Department of Environmental Protection is required to
file, by January 1 of each ensuing year, an annual report with the
Joint Committee on Government and Finance providing details on the
manner in which the landfill closure assistance funds were expended
for the prior fiscal year.
(i) Notwithstanding any other contrary provision of this code, the secretary shall place as a top priority to expend any and all
funds derived from the Solid Waste Facility Closure Cost Assistance
Fund necessary to facilitate the complete closure forthwith of the
now-defunct Gwinn or otherwise known as the Midwest Landfill,
located in Summers County.