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1998 SESSION

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HB 615 Petroleum Storage Tank Fund.

Introduced by: Harry J. Parrish | all patrons    ...    notes | add to my profiles

SUMMARY:

Petroleum Storage Tank Fund. Provides that any person or state agency seeking reimbursement from the Petroleum Storage Tank Fund for costs and expenses incurred for oil cleanup must have acted at the direction of the State Water Control Board in undertaking such cleanup to be eligible to receive funds. The bill deletes an outdated provision relating to access to the Fund by those who reported releases prior to July 1, 1996. The term "moneys expended" is changed to "costs incurred." Use of the Fund is restricted to those who file a reimbursement claim with the Board within two years of the date the Board issues a site remediation closure letter or July 1, 2000, whichever is later. The per occurrence liability of owners and operators for reimbursement is clarified. The Board is directed to adopt regulations that conform to federal requirements for the demonstration of financial responsibility on the part of tank owners and operators. The amounts for which the Fund may be used to demonstrate financial responsibility are set out. Current regulations and requirements for financial responsibility are to remain in effect until the new regulations required by this bill are in force.


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