Chapter 220: BUREAU OF PARKS AND LANDS HEADING: PL 1997, C. 678, §13 (NEW)
Subchapter 5: SUBMERGED AND INTERTIDAL LANDS HEADING: PL 1997, C. 678, §13 (NEW)
§1863. Shore and Harbor Management Fund
1.Creation of fund. The Shore and Harbor Management Fund, referred to in this section as the "fund," is established as a nonlapsing fund to
support shore and harbor management improvement activities. The fund is administered by the director.
[
1997, c. 678, §13 (NEW)
.]
2.Purpose. The purpose of the fund is to support shore and harbor management improvement activities by providing grants to municipalities
and funds to state agencies. These activities include but are not limited to the development of harbor management plans and
public access facilities. A portion of the fund, not to exceed 25% of available revenues, may be used to support management
programs on state-owned coastal islands under the jurisdiction of the bureau.
[
2003, c. 673, Pt. J, §1 (AMD)
.]
3.Fund sources. Annual revenues, less operating expenses from the submerged and intertidal lands program and the abandoned watercraft program
and conveyances of submerged and intertidal lands by the Legislature, must be deposited in the fund.
[
1999, c. 401, Pt. I, §1 (RPR)
.]
4.Administration. The director shall develop criteria for awarding grants under this section. Money in the fund not immediately required
pursuant to this section must be invested by the Treasurer of State as authorized by Title 5, section 138. Interest on these
investments must be credited to the fund.
[
1997, c. 678, §13 (NEW)
.]
SECTION HISTORY
1997, c. 678, §13 (NEW).
1999, c. 401, §I1 (AMD).
2003, c. 254, §3 (AMD).
2003, c. 673, §J1 (AMD).
Data for this page extracted on 10/22/2009 03:22:18.