115C.091 Phase-in procedure.
In approving applications for reimbursement under this chapter, the petroleum tank release compensation board shall ensure that:
(1) the difference between the total amount of reimbursements approved by the board in fiscal year 1995 and the funds available to pay the reimbursements as of June 30, 1995, is at least 30 percent less than the difference between the total amount of reimbursements approved by the board as of June 30, 1993, and the funds available to pay the reimbursements as of that date; and
(2) the difference between the total amount of reimbursements approved by the board in fiscal year 1996 and the funds available to pay the reimbursements as of June 30, 1996, is at least 70 percent less than the difference between the total amount of reimbursements approved by the board as of June 30, 1993, and the funds available to pay the reimbursements as of that date.
HIST: 1993 c 341 art 1 s 24
Official Publication of the State of Minnesota
Revisor of Statutes