Senate File 141 - Enrolled

PAG LIN

  1  1                                         SENATE FILE 141
  1  2
  1  3                             AN ACT
  1  4 RELATING TO REIMBURSEMENT TO OWNERS OF ABOVEGROUND PETROLEUM
  1  5    STORAGE TANKS FOR COSTS ASSOCIATED WITH THE UPGRADE OR
  1  6    PERMANENT CLOSURE OF ABOVEGROUND PETROLEUM STORAGE TANKS.
  1  7
  1  8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  9
  1 10    Section 1.  Section 455G.23, subsection 2, paragraphs d and
  1 11 e, Code 2005, are amended to read as follows:
  1 12    d.  Upgrade expenses must be incurred after January 1,
  1 13 2004, and not later than February 18 December 31, 2005.
  1 14 Upgrade activities are limited to the installation or
  1 15 improvement of equipment or systems required to comply with 40
  1 16 C.F.R. } 112, specifically:
  1 17    (1)  Secondary containment.
  1 18    (2)  Corrosion protection.
  1 19    (3)  Loss prevention.
  1 20    (4)  Security.
  1 21    (5)  Drainage.
  1 22    (6)  Removal of noncompliant tanks.
  1 23    e.  Permanent closure activities, including tank system
  1 24 removal, decommission, and disposal, must occur after January
  1 25 1, 2004, and not later than February 18 December 31, 2005,
  1 26 unless the owner is a party to an agreement entered into
  1 27 pursuant to subsection 3 and the tanks meet one of the
  1 28 following criteria:
  1 29    (1)  All tanks are empty by February 18 December 31, 2005.
  1 30    (2)  All tanks containing petroleum on or after February 18
  1 31 December 31, 2005, meet the requirements of 40 C.F.R. } 112 et
  1 32 seq. and any applicable provisions of chapter 101 and the
  1 33 administrative rules adopted pursuant to chapter 101.
  1 34
  1 35
  2  1                                                             
  2  2                               JEFFREY M. LAMBERTI
  2  3                               President of the Senate
  2  4
  2  5
  2  6                                                             
  2  7                               CHRISTOPHER C. RANTS
  2  8                               Speaker of the House
  2  9
  2 10    I hereby certify that this bill originated in the Senate and
  2 11 is known as Senate File 141, Eighty=first General Assembly.
  2 12
  2 13
  2 14                                                             
  2 15                               MICHAEL E. MARSHALL
  2 16                               Secretary of the Senate
  2 17 Approved                , 2005
  2 18
  2 19
  2 20                                
  2 21 THOMAS J. VILSACK
  2 22 Governor