Section 8574.46 - Report on financial basis and programmatic effectiveness of the regional railroad accident preparedness and immediate response plan and the Regional Railroad Accident Preparedness and Immediate Response Fund(a)(1) The director shall contract with the Department of Finance for the preparation of a detailed report on the financial basis and programmatic effectiveness of the regional railroad accident preparedness and immediate response plan and the Regional Railroad Accident Preparedness and Immediate Response Fund.(2) The report shall include an analysis of the fund's major expenditures, fees, interest, and penalties collected, staffing and equipment levels, moneys used for coordinated training and response under the emergency mutual aid plan, spills responded to, and other relevant issues.(3) The report shall recommend measures to improve the efficiency and effectiveness of the program and fund, including, but not limited to, ensuring fair and equitable funding from the fees and measures to modify or improve the implementation of the regional railroad accident preparedness and immediate response plan for release of hazardous materials from a rail car or a railroad accident involving a rail car.(b)(1) On or before January 1, 2019, and every three years thereafter, the director shall submit the report to the Governor and the Legislature.(2) The report submitted to the Legislature shall be submitted in compliance with Section 9795.Added by Stats 2015 ch 25 (SB 84),s 6, eff. 6/24/2015.