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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>63637</law_id><section_number>10.1-1197.2</section_number><catch_line>Small Business Environmental Compliance Assistance Fund established; administration; collection of money</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>10.1-2502</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="10.1">Conservation</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Activities Administered by Other Entities</unit><unit label="chapter" level="3" order_by="1" identifier="11.1">Department of Environmental Quality</unit><unit label="article" level="4" order_by="1" identifier="4">Small Business Environmental Compliance Assistance Fund</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> There is hereby created in the state treasury a special nonreverting <span class="dictionary">fund</span> to be known as the <span class="dictionary">Small Business</span> Environmental Compliance Assistance <span class="dictionary">Fund</span>, hereafter referred to as the &#x201C;<span class="dictionary">Fund</span>.&#x201D; The <span class="dictionary">Fund</span> shall be comprised of (i) moneys appropriated to the <span class="dictionary">Fund</span> by the General Assembly, (ii) receipts by the <span class="dictionary">Fund</span> from loans made by it, (iii) all income from the investment of moneys held by the <span class="dictionary">Fund</span>, (iv) any moneys transferred from the Virginia Environmental Emergency Response <span class="dictionary">Fund</span> as authorized by &#xA7; <a class="law" title="Disbursements from the Fund; transfer of funds to the Small Business Environmental Compliance Assistance Fund" href="/10.1-2502/">10.1-2502</a>, and (v) any other moneys designated for deposit to the <span class="dictionary">Fund</span> from any source, public or private. Interest earned on moneys in the <span class="dictionary">Fund</span> shall remain in the <span class="dictionary">Fund</span> and be credited to it. Any moneys remaining in the <span class="dictionary">Fund</span>, including interest thereon, at the end of each fiscal year shall not revert to the general <span class="dictionary">fund</span> but shall remain in the <span class="dictionary">Fund</span>. Moneys in the <span class="dictionary">Fund</span> shall be used solely for the purposes provided in this article. Any moneys appropriated or otherwise credited to the <span class="dictionary">Fund</span> that were received by the <span class="dictionary">Department</span> pursuant to Title V (42 U.S.C. &#xA7; 7661 et seq.) of the federal Clean Air Act shall be used solely for purposes associated with Title V of the federal Clean Air Act. Expenditures and disbursements from the <span class="dictionary">Fund</span> shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the <span class="dictionary">Director</span> of the <span class="dictionary">Department</span>. The <span class="dictionary">Fund</span> shall be administered and managed by the <span class="dictionary">Department</span>, or any entity operating under a <span class="dictionary">contract</span> or agreement with the <span class="dictionary">Department</span>. <a id="paragraph-231832" class="section-permalink" href="https://vacode.org/10.1-1197.2/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> The <span class="dictionary">Department</span>, or its designated agent, is empowered to collect moneys due to the <span class="dictionary">Fund</span>. Proceedings to recover moneys due to the <span class="dictionary">Fund</span> may be instituted in the name of the <span class="dictionary">Fund</span> in any appropriate <span class="dictionary">circuit</span> <span class="dictionary">court</span>. <a id="paragraph-231833" class="section-permalink" href="https://vacode.org/10.1-1197.2/#B"><i class="fa fa-link"/></a></p></section></text><history>1997, cc. 624, 850.</history><metadata></metadata></law>
