House File 523 - Introduced



                                       HOUSE FILE       
                                       BY  D. OLSON


    Passed House, Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act relating to application and eligibility requirements for
  2    the reimbursement of expenses associated with the permanent
  3    closure of aboveground petroleum storage tanks and providing
  4    effective and retroactive applicability dates.
  5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  6 TLSB 2660HH 81
  7 tm/gg/14

PAG LIN



  1  1    Section 1.  Section 455G.23, subsection 2, paragraph c,
  1  2 Code 2005, is amended to read as follows:
  1  3    c.  Not later than February 18 December 31, 2005, the owner
  1  4 shall submit an application for reimbursement, on a form
  1  5 provided by the board.
  1  6    Sec. 2.  Section 455G.23, subsection 2, paragraph e,
  1  7 unnumbered paragraph 1, Code 2005, is amended to read as
  1  8 follows:
  1  9    Permanent closure activities, including tank system
  1 10 removal, decommission, and disposal, must occur after January
  1 11 1, 2004 2001, and not later than February 18, 2005, unless the
  1 12 owner is a party to an agreement entered into pursuant to
  1 13 subsection 3 and the tanks meet one of the following criteria:
  1 14    Sec. 3.  EFFECTIVE AND RETROACTIVE APPLICABILITY DATES.
  1 15 This Act, being deemed of immediate importance, takes effect
  1 16 upon enactment and applies retroactively to February 18, 2005.
  1 17                           EXPLANATION
  1 18    This bill relates to application and eligibility
  1 19 requirements for the reimbursement of expenses associated with
  1 20 the permanent closure of aboveground petroleum storage tanks.
  1 21    The bill changes the application date for reimbursement
  1 22 from February 18, 2005, to December 31, 2005.
  1 23    Currently, in order to be reimbursed, permanent closure
  1 24 activities for aboveground petroleum storage tanks must occur
  1 25 after January 1, 2004, and not later than February 18, 2005.
  1 26 The bill changes the beginning date from January 1, 2004, to
  1 27 January 1, 2001.
  1 28    The bill takes effect upon enactment and is retroactively
  1 29 applicable to February 18, 2005.
  1 30 LSB 2660HH 81
  1 31 tm:nh/gg/14