(a) The Site Cleanup Subaccount is hereby established in the State Treasury. Moneys shall be deposited in the subaccount pursuant to subdivision (m) of Section 25299.51. (b) The board may expend the funds in the Site Cleanup Subaccount, upon appropriation by the Legislature, for the following purposes: (1) To pay for reasonable and necessary expenditures that the board, the department, a regional board, a local agency, or a water replenishment district incurs to investigate the source of surface or groundwater contamination. (2) (A) To pay for reasonable and necessary expenditures to remediate the harm or threat of harm to human health, safety, and the environment caused by existing or threatened surface or groundwater contamination incurred by any of the following: (i) The board. (ii) The department. (iii) A regional board. (iv) A local agency. (v) A water replenishment district, under the direction of the board, a regional board, a local agency, or another appropriate regulatory agency with authority over surface or groundwater cleanup oversight. (B) The board shall consider the following factors when approving expenditures for specific locations: (i) The degree to which human health, safety, and the environment are threatened by contamination at the location. (ii) Whether the location is located in a small or financially disadvantaged community. (iii) The cost and potential environmental benefit of the investigation or cleanup. (iv) Whether there are other potential sources of funding for the investigation or cleanup. (v) Any other information the board identifies as necessary for consideration. (3) To issue grants pursuant to this section for the reasonable and necessary costs of actions to remediate the harm or threat of harm to human health, safety, and the environment caused by existing or threatened surface or groundwater contamination at a location if both of the following conditions are met: (A) The board, the department, a regional board, local agency, unified program agency, or a local officer requires the responsible parties to undertake or contract for investigation or cleanup pursuant to an oral or written order, directive, notification, or approval issued pursuant to Section 25187, 25187.1, 25296.10, 78870, 79055, or 101480, or any section of the Water Code. The board may waive this requirement if the board finds that it is infeasible for an order to be issued before initiation of remediation. (B) No responsible party has sufficient financial resources to pay for the required response actions. (4) For payments to the Attorney General by the board pursuant to subdivision (g). (c) At least annually, the board shall review grant applications and adopt a list of applicants to be awarded grants pursuant to paragraph (3) of subdivision (b). In addition to the conditions specified in paragraph (3) of subdivision (b), the board shall consider all of the following factors when awarding grants: (1) The degree to which human health, safety, and the environment are threatened by surface water or groundwater contamination at the location. (2) Whether the location is located in a small or financially disadvantaged community. (3) The cost and potential environmental benefit of the investigation or cleanup. (4) Whether there are other potential sources of funding for the investigation or cleanup. (5) Any other information the board identifies as necessary for consideration. (d) (1) The board shall specify the information that shall be included in a grant application, consistent with this section, including, but not limited to, a provision requiring the applicant to make a sworn verification of the information in the application to the best of the applicantâs knowledge. (2) The board may adopt procedures to implement this section. (3) The board shall post any procedures or information requirements adopted pursuant to this section on its internet website. (e) (1) The recipient of grant moneys shall expend those funds only for
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