Text: S03639 Text: S03641 Text: S03600 - S03699 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 508, as amended, passed, and 1 2 reprinted by the House, as follows: 1 3 #1. Page 8, by inserting after line 7 the 1 4 following: 1 5 "Sec. . Section 455G.9, subsection 4, paragraph 1 6 a, Code 1995, is amended to read as follows: 1 7 a. An owner or operator who reports a release to 1 8 the department of natural resources after May 5, 1989, 1 9 and on or before October 26, 1990, shall be required 1 10 to pay the following copayment amounts: 1 11 (1) If the owner or operator has a net worth of 1 12 one hundred thousand dollars or less and owns no more 1 13 than one site, the owner or operator shall pay no more 1 14 than eighteen percent of the total costs of corrective 1 15 action for that release. For purposes of this 1 16 subparagraph, "net worth" means the fair market value 1 17 of the site, which shall include an adjustment for 1 18 anticipated benefits under this section. 1 19(1)(2) If a site's total anticipated expenses are 1 20 not reserved for more than, or actual expenses do not 1 21 exceed, eighty thousand dollars, the owner or operator 1 22 shall pay the greater of five thousand dollars or 1 23 eighteen percent of the total costs of corrective 1 24 action for that release. 1 25(2)(3) If a site's total anticipated expenses are 1 26 reserved for more than, or actual expenses exceed, 1 27 eighty thousand dollars, the owner or operator shall 1 28 pay the amount as designated in subparagraph(1)(2) 1 29 plus thirty-five percent of the total costs of the 1 30 corrective action for that release which exceed eighty 1 31 thousand dollars." 1 32 #2. By renumbering as necessary. 1 33 1 34 1 35 1 36 EMIL J. HUSAK 1 37 1 38 1 39 1 40 BRAD BANKS 1 41 1 42 1 43 1 44 BILL FINK 1 45 1 46 1 47 1 48 TONY BISIGNANO 1 49 1 50 2 1 2 2 MICHAEL E. GRONSTAL 2 3 HF 508.506 76 2 4 js/jw
Text: S03639 Text: S03641 Text: S03600 - S03699 Text: S Index Bills and Amendments: General Index Bill History: General Index
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