Senate File 166 - Introduced



                                    SENATE FILE       
                                    BY  COURTNEY


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

                                      A BILL FOR

  1 An Act relating to eligibility for reimbursement of costs
  2    associated with the upgrade or permanent closure of
  3    aboveground petroleum storage tanks.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 2377SS 81
  6 tm/gg/14

PAG LIN



  1  1    Section 1.  Section 455G.23, subsection 2, paragraphs d and
  1  2 e, Code 2005, are amended to read as follows:
  1  3    d.  Upgrade expenses must be incurred after January 1,
  1  4 2004, and not later than February 18 December 31, 2005.
  1  5 Upgrade activities are limited to the installation or
  1  6 improvement of equipment or systems required to comply with 40
  1  7 C.F.R. } 112, specifically:
  1  8    (1)  Secondary containment.
  1  9    (2)  Corrosion protection.
  1 10    (3)  Loss prevention.
  1 11    (4)  Security.
  1 12    (5)  Drainage.
  1 13    (6)  Removal of noncompliant tanks.
  1 14    e.  Permanent closure activities, including tank system
  1 15 removal, decommission, and disposal, must occur after January
  1 16 1, 2004, and not later than February 18 December 31, 2005,
  1 17 unless the owner is a party to an agreement entered into
  1 18 pursuant to subsection 3 and the tanks meet one of the
  1 19 following criteria:
  1 20    (1)  All tanks are empty by February 18 December 31, 2005.
  1 21    (2)  All tanks containing petroleum on or after February 18
  1 22 December 31, 2005, meet the requirements of 40 C.F.R. } 112 et
  1 23 seq. and any applicable provisions of chapter 101 and the
  1 24 administrative rules adopted pursuant to chapter 101.
  1 25                           EXPLANATION
  1 26    This bill relates to eligibility for reimbursement of costs
  1 27 associated with the upgrade or permanent closure of
  1 28 aboveground petroleum storage tanks.
  1 29    Currently, a tank owner may receive reimbursement if the
  1 30 tank site was registered with the state fire marshal by
  1 31 January 1, 2004, the tank contains petroleum, and certain
  1 32 other time=sensitive criteria are met.  The time=sensitive
  1 33 criteria include that upgrade expenses must be incurred by
  1 34 February 18, 2005, permanent closure activities must occur by
  1 35 February 18, 2005, tanks must be empty by February 18, 2005,
  2  1 and tanks must meet certain federal and state requirements by
  2  2 February 18, 2005.  The bill changes the February 18, 2005,
  2  3 date to December 31, 2005, in each case.
  2  4 LSB 2377SS 81
  2  5 tm:nh/gg/14.1