Fund 545 - Heating Oil Pollution Liability Trust Account
Authority:
RCW 70A.330.060
Admin Agency:
WA Pollution Liab Insurance Program - 4620
Cash Type:
2 - Treasury Trust Fund
SAAM Budget Type:
Budgeted (Nonappropriated/Allotted) (B)
Earnings from Investments are:
Credited to the general fund under RCW 43.79A.040(4)(a).
Description:
Used for corrective action costs, third-party liability claims, costs associated with claims administration, purchase of an insurance policy to cover all registered heating oil tanks, and reinsurance of the policy, and administrative expenses of the program, including personnel, equipment, and supplies, and providing advice and technical assistance.
Sources of Revenue:
Licenses, Permits, and Fees
Clientele:
General public
Effective Date:
07/01/1995
Inactive Date:
07/01/2030
Public Notes:
Expiration date per SHB 2357, Ch. 161, Laws of 2016, Sec. 17. (RCW 70A.330.900)
ACFR Information
Account Code:
545
Account Title:
Heating Oil Pollution Liability Trust Account
Fund Type:
FA - Enterprise Funds
Rollup Fund:
FI - Other Activities Fund
Closing GL Code:
9400 - Accumulated Earnings(Loss)
