1505.09 Geological mapping fund.
1505.09 Geological mapping fund.
There is hereby created in the state treasury the geological mapping fund, to be administered by the chief of the division of geological survey. The fund shall be used exclusively for the purposes of performing the necessary field, laboratory, and administrative tasks to map and make public reports on the geology and mineral resources of each county of the state. The source of moneys for the fund shall include, but not be limited to, the mineral severance tax as specified in section 5749.02 of the Revised Code. The chief may seek federal or other moneys in addition to the mineral severance tax to carry out the purposes of this section. If the chief receives federal moneys for the purposes of this section, he shall deposit those moneys into the state treasury to the credit of a fund which shall be created at that time by the controlling board to carry out those purposes. Other moneys received by the chief for the purposes of this section in addition to mineral severance tax and federal moneys shall be credited to the geological mapping fund.
Effective Date: 07-01-1985