{"data":{"id":"us-nj/n.j.-stat.-58-10a-37.3","jurisdiction":"us-nj","citation":"N.J. Stat. § 58:10A-37.3","heading":"Petroleum Underground Storage Tank Remediation, Upgrade, and Closure Fund, establishment.","body":"3. a.  The Petroleum Underground Storage Tank Remediation, Upgrade, and Closure Fund is established in the authority as a special, revolving fund. The fund shall be administered by the authority and shall be credited with:\n(1)  such monies as are appropriated by the Legislature;\n(2)  sums received as repayment of principal and interest on outstanding loans made from the State Underground Storage Tank Improvement Fund established pursuant to P.L.1986, c.102 (C.58:10A-21 et seq.);\n(3)  such monies as are appropriated pursuant to section 21 of P.L.1997, c.235 (C.58:10A-37.21);\n(4)  all non-refundable application fees collected pursuant to section 6 of P.L.1997, c.235 (C.58:10A-37.6);\n(5)  sums received as repayment of principal and interest on outstanding loans made from the fund;\n(6)  any monies recovered by the authority pursuant to sections 14 and 15 of P.L.1997, c.235 (C.58:10A-37.14 and C.58:10A-37.15);\n(7)  any return on investment of monies deposited in the fund;\n(8)  any monies recovered through liens pursuant to section 10 or 16 of P.L.1997, c.235 (C.58:10A-37.10 or C.58:10A-37.16); and\n(9)  payments of the annual surcharge imposed pursuant to section 18 of P.L.1997, c.235 (C.58:10A-37.18).\nb.  Monies in the fund shall be used by the authority solely for providing financial assistance pursuant to section 4 of P.L.1997, c.235 (C.58:10A-37.4) except that the authority may use any return on investment of monies deposited in the fund, application fees collected pursuant to section 6 of P.L.1997, c.235 (C.58:10A-37.6), monies recovered by the authority pursuant to sections 14 and 15 of P.L.1997, c.235 (C.58:10A-37.14 and C.58:10A-37.15), and payments of the annual surcharge imposed pursuant to section 18 of P.L.1997, c.235 (C.58:10A-37.18) for actual costs incurred in administering the fund, and for costs of any action to recover monies owing to the fund.\nL.1997,c.235,s.3.","path":["TITLE 58 WATERS AND WATER SUPPLY"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"538f84b32540cbc6da3372a6ff4eab32066cef2e9be03acb70762a287169eedc","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-58-10a-37.2","next":"us-nj/n.j.-stat.-58-10a-37.3a"},"notice":"GroundRules: Original legal text. Not legal advice."}