What does the Spill Fund pay for?
A2. The Fund pays for, but is not limited to: clean up and removal costs incurred by the Department for contaminated sites and compensation paid for damage claims relating to potable well treatment systems, public waterline installations, remediation of contaminated sites, and real and personal property damages caused by discharges of hazardous substances. Monies in the Fund are limited, therefore, eligible claims are paid in priority order. The Fund rules at N.J.A.C 7:1J-2.2(b) provides that the administrator prioritize the categories of claims that are eligible for compensation in the following order: • Potable water restoration and vapor intrusion at residential properties; • Potable water restoration and vapor intrusion mitigation at schools and childcare facilities; and • All other categories of claims.
Related Questions
- Did the Fund pay a year-end dividend? If so, what was the record and pay dates, the amount, and was the dividend from capital gains or from net investment income?
- Will the Spill Fund continue to pay for the operation and maintenance of treatment units previously installed if the property is sold to a new owner?
- Do we mail CHARITYSMITH a check for $500 now or can we setup the fund first and use donations to pay the cost of establishing the fund?
