(a) A special fund of the State is created under the Department to be known as the "The Delaware Lead-Based Paint Abatement and
Remediation Fund" ("the Fund"). All appropriations and other moneys, including gifts, bequests, grants, or other funds from private or
public sources specifically designated for the Fund must be credited to the Fund. The State Treasurer shall credit interest to the Fund
on a monthly basis consistent with the rate established by the Cash Management Policy Board. The Fund may not lapse or revert to the
General Fund.
(b) Moneys from the Fund may only be expended on the following:
(1) Payment to contractors for conducting lead risk assessments.
(2) Payment to contractors for the abatement or remediation of lead-based paint on properties specifically approved for abatement
or remediation by the Program.
(3) Temporary lodging of persons temporarily displaced during the abatement or remediation of lead-based paint at a lead-exposure
site.
(4) Payments to third parties necessary to oversee proper administration of funds under paragraphs (b)(1) and (b)(2) of this section.
(c) Moneys from the Fund may not be used to supplant any funds from any federal, state, or local government entity.
(d) Each submission of a proposed budget from the Governor to the General Assembly under § 6335 of Title 29 must contain a specific
proposed appropriation to the Fund.‹ Prev All Delaware sections Next ›
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