Iowa Senate Bill SSB3177

Iowa 2023-2024 Regular Session

• Introduced: 2/12/24
• Refer: 2/12/24

Caption

A bill for an act relating to the use of certain moneys in the storage tank management account of the groundwater protection fund, and making appropriations.(See SF 2327, SF 2414.)

Impact

The enactment of SSB3177 would significantly impact the existing state laws regarding the oversight and management of underground storage tanks. By stipulating that funds from the Iowa comprehensive petroleum underground storage tank fund should be transferred to the storage tank management account, the bill aims to streamline the financial support for tank owners managing environmental hazards. The changes proposed in this legislation are designed to uphold the stringent requirements for accountability and safety associated with petroleum storage, a critical aspect in safeguarding Iowa's groundwater resources.

Summary

Senate Study Bill 3177 (SSB3177) focuses on the management of funds within the storage tank management account of the groundwater protection fund in Iowa. This bill serves to facilitate the use of certain moneys for reimbursement to tank owners for costs tied to corrective actions resulting from petroleum releases. In addition, it emphasizes the need for at least three million dollars of the allocated funds to be earmarked specifically for the permanent closure of underground storage tank systems and for enhanced training for tank operators. This is aimed at ensuring safety measures and compliance with environmental regulations.

Contention

While the bill appears to garner support for its intentions of enhancing environmental safety, discussions surrounding SSB3177 may likely reflect broader tensions regarding governmental fiscal allocations and the management of state resources. There is potential concern from stakeholders about whether the financial appropriations will adequately address the needs of tank owners and the environmental ramifications of petroleum leaks. Key issues could arise during discussions on the balance between effective regulatory oversight and the financial responsibilities of storage tank owners, especially given the required demarcation of funds for specific purposes.