26:2C-50 - "Global Warming Solutions Fund."
26:2C-50 "Global Warming Solutions Fund."
6.There is established in the Department of the Treasury a special, nonlapsing fund to be known as the "Global Warming Solutions Fund." The fund shall be administered by the State Treasurer and shall be credited with:
a.moneys received as a result of any sale, exchange or other conveyance of allowances through a greenhouse gas emissions allowance trading program;
b.such moneys as are appropriated by the Legislature; and
c.any return on investment of moneys deposited in the fund.
L.2007, c.340, s.6.