WILLIAM DONALD SCHAEFER, Governor Ch. 465
(B) THIS SUBTITLE IS NOT INTENDED TO PROVIDE EVIDENCE OF FINANCIAL
RESPONSIBILITY FOR OWNERS AND OPERATORS OF UNDERGROUND OIL STORAGE
TANKS UNDER SUBTITLE I OF THE RESOURCE CONSERVATION AND RECOVERY ACT,
THE SUPERFUND AMENDMENTS AND REAUTHORIZATION ACT OF 1986, OR ANY
OTHER FEDERAL LAW.
4-704.
(A) THERE IS AN OIL CONTAMINATED SITE ENVIRONMENTAL CLEANUP
FUND.
(B) THE FUND SHALL BE USED TO:
(1) REIMBURSE AN OWNER OR OPERATOR OF AN UNDERGROUND OIL
STORAGE TANK FOR SITE REHABILITATION COSTS INCURRED ON OR AFTER OCTOBER
1, 1993 RESULTING FROM CONTAMINATION CAUSED BY RELEASES FROM AN
UNDERGROUND OIL STORAGE TANK;
(2) PROVIDE FUNDS FOR SITE REHABILITATION ACTIVITIES CARRIED
OUT BY THE DEPARTMENT OR UNDER THE DEPARTMENT'S DIRECTION AND
CONTROL; AND
(3) TO THE EXTENT PROVIDED IN THE STATE BUDGET AND IN AN
AMOUNT NOT TO EXCEED 3% OF THE REVENUES IN THE FUND DURING THE FISCAL
YEAR, PROVIDE FUNDS FOR THE DEPARTMENT'S ADMINISTRATION OF THIS
SUBTITLE.
(C) WHEN THE BALANCE IN THE FUND FROM THE LICENSE FEES PAID UNDER
§ 4-411(C)(1)(III) OF THIS TITLE, THE TANK FEES PAID UNDER § 4 705 OF THIS
SUBTITLE, AND ANY RECOVERIES PAID UNDER § 4 708(C) OF THIS SUBTITLE INTO
THE FUND EQUALS OR EXCEEDS A MAXIMUM LIMIT OF $20,000,000, COLLECTION OF
SUBSEQUENT LICENSE FEES UNDER § 4-411(C)(1)(III) OF THIS TITLE SHALL BE
ABATED UNTIL THE BALANCE IN THE FUND BECOMES LESS THAN OR EQUAL TO
$5,000,000.
(D) NOTWITHSTANDING SUBSECTION (C) OF THIS SECTION, AFTER
DECEMBER 31, 1998 THE SECRETARY SHALL DETERMINE THE FINAL TERMINATION
DATE OF THE LICENSE FEES COLLECTED UNDER § 4-411(C)(1)(III) OF THIS TITLE
BASED ON THE FUNDS DEEMED NECESSARY TO FULLY REIMBURSE ELIGIBLE SITE
REHABILITATION COSTS INCURRED PRIOR TO DECEMBER 31, 1998.
(E) ANY BALANCE IN THE FUND REMAINING AFTER THE REIMBURSEMENT
OF ALL ELIGIBLE SITE REHABILITATION COSTS AND COSTS OF THE DEPARTMENT
SHALL BE CREDITED TO THE TRANSPORTATION TRUST FUND UPON
RECOMMENDATION OF THE SECRETARY AND APPROVAL OF THE BOARD OF PUBLIC
WORKS.
- 2475 -
|