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2004 SESSION

• | print version

HB 1450 Petroleum Storage Tank Fund; reimbursements.

Introduced by: G. Glenn Oder | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Petroleum Storage Tank Fund. Limits the exposure of the Virginia Petroleum Storage Tank Fund to third-party claims against the Fund. The Fund is used to reimburse owners of petroleum storage tanks for the costs of cleaning up oil releases from the tanks. It is also used to meet federal requirements that owners of underground storage tanks have insurance or the financial capacity to clean up any release. This bill would clarify that the Fund can be used to reimburse tank owners for costs they incur relating to third party damages only in the amount that is reasonable and necessary based upon the actual damage caused by the release.

FULL TEXT

• 01/23/04  House: Presented & ordered printed 043859118  pdf | impact statement
• 02/13/04  House: Printed as engrossed 043859118-E  pdf | impact statement
• 03/15/04  House: Bill text as passed House and Senate (HB1450ER)  pdf | impact statement
• 04/19/04  Governor: Acts of Assembly Chapter text (CHAP0485)  pdf

AMENDMENTS

• House amendments

HISTORY

• 01/23/04  House: Presented & ordered printed 043859118
• 01/23/04  House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
• 02/11/04  House: Reported from A., C. & N. R. w/amendments (21-Y 0-N)
• 02/12/04  House: Read first time
• 02/13/04  House: Read second time
• 02/13/04  House: Committee amendments agreed to
• 02/13/04  House: Engrossed by House as amended HB1450E
• 02/13/04  House: Printed as engrossed 043859118-E
• 02/14/04  House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
• 02/14/04  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
• 02/14/04  House: Communicated to Senate
• 02/16/04  Senate: Constitutional reading dispensed
• 02/16/04  Senate: Referred to Committee on Agriculture, Conservation and Natural Resources
• 02/23/04  Senate: Reported from A. C. & N. R. (15-Y 0-N)
• 02/24/04  Senate: Constitutional reading dispensed (38-Y 0-N)
• 02/24/04  Senate: VOTE: CONST. RDG. DISPENSED R (38-Y 0-N)
• 02/25/04  Senate: Read third time
• 02/25/04  Senate: Passed Senate (40-Y 0-N)
• 02/25/04  Senate: VOTE: PASSAGE R (40-Y 0-N)
• 03/15/04  House: Bill text as passed House and Senate (HB1450ER)
• 03/15/04  House: Enrolled
• 03/16/04  House: Signed by Speaker
• 03/16/04  Senate: Signed by President
• 04/12/04  Governor: Approved by Governor-Chapter 485 (effective 7/1/04)
• 04/19/04  Governor: Acts of Assembly Chapter text (CHAP0485)