California Fish and Game Code

§ 6618

FGC § 6618 Effective Jan 1, 2011Div. 6 · Part 1 · Ch. 5.5 · Art. 2

Statute text

(a)The cost savings from the partial removal of an offshore oil structure, as determined pursuant to Section 6614, shall be apportioned and transmitted as described in this section.

(b)Upon receipt of conditional approval pursuant to Section 6617, the owner or operator of the structure shall apportion and directly transmit a portion of the total amount of the cost savings to the entities in subdivision (c) as follows:

(1)Fifty-five percent, if transmitted before January 1, 2017.

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Legislative history

Added by Stats. 2010, Ch. 687, Sec. 1. (AB 2503) Effective January 1, 2011.