Section 26.358 - Collection, Use, and Disposition of Storage Tank Fees and Other Revenues(a) Revenues collected by the commission under this section shall be deposited to the credit of the waste management account.(b) Under this subchapter, the commission may collect:(1) fees imposed on facilities with underground or aboveground storage tanks used for the storage of regulated substances;(2) the interest and penalties imposed under this section for the late payment of those fees;(3) funds received from cost recovery for corrective and enforcement actions taken under this subchapter, except as provided by Subsection (c) of this section;(4) funds received from insurers, guarantors, or other sources of financial responsibility; and(5) funds from the federal government and other sources for use in connection with the storage tank program.(c) If the commission uses money from the petroleum storage tank remediation account for corrective action or enforcement as provided by this subchapter, money recovered in a court proceeding under Section 26.355 of this code shall be deposited in the state treasury to the credit of the petroleum storage tank remediation account.(d) The commission shall impose an annual facility fee on a facility that operates one or more underground or aboveground storage tanks if the fee charged under Section 26.3574 is discontinued. The commission may also impose reasonable interest and penalties for late payment of the fee as provided by commission rule. The commission may establish a fee schedule that will generate an amount of money sufficient to fund the commission's budget for the regulatory program regarding underground and aboveground storage tanks authorized by this subchapter.(e) Under this subchapter, the commission may use money in the waste management account to: (1) pay the costs of taking corrective action;(2) provide matching funds for grants and to fund contracts executed under this subchapter; and(3) pay for administrative expenses, rules development, enforcement, monitoring, and inspection costs, and other costs incurred in the course of carrying out the purposes and duties of this subchapter.(f) The amount of an annual fee that the commission may impose on a facility under Subsection (d) is equal to the amount set by the commission for each aboveground storage tank and for each underground storage tank operated at the facility.(g) The commission shall collect any fees imposed under this section on dates set by commission rule. The period between collection dates may not exceed two years.(h) The commission shall adopt rules necessary to administer this section.Amended By Acts 2007, 80th Leg., R.S., Ch. 1109, Sec. 4, eff. 8/27/2007.Amended By Acts 1997, 75th Leg., ch. 333, Sec. 27, eff. 9/1/1997.Amended by Acts 1989, 71st Leg., ch. 228, Sec. 18, eff. 5/31/1989Added by Acts 1987, 70th Leg., ch. 277, Sec. 1, eff. 9/1/1987.