SLS 15RS-524 ENGROSSED 2015 Regular Session SENATE BILL NO. 244 BY SENATOR ADLEY Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. FUNDS/FUNDING. Increases the available monies expended from the Motor Fuel Underground Storage Tank Trust Fund from one million dollars to one million five hundred thousand dollars. (8/1/15) 1 AN ACT 2 To amend and reenact R.S. 30:2195.2(A)(1)(c)(ii), relative to the Motor Fuel Underground 3 Storage Tank Trust Fund; to provide for financial disbursements from the fund; to 4 increase the available monies expended from the fund from one million dollars to 5 one million five hundred thousand dollars; and to provide for related matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 30:2195.2(A)(1)(c)(ii) is hereby amended and reenacted to read as 8 follows: 9 ยง2195.2. Uses of the Tank Trust Fund 10 A. The department shall administer the Tank Trust Fund and shall make 11 disbursements from the fund for all necessary and appropriate expenditures. Pursuant 12 to the authorization in R.S. 30:2195, the secretary of the Department of 13 Environmental Quality shall use the Tank Trust Fund as follows: 14 (1) Whenever in the secretary's determination incidence of surface water, 15 groundwater, or soils contamination resulting from the storage of motor fuels may 16 pose a threat to the environment or the public health, safety, and welfare and the 17 owner of the motor fuel underground storage tank has been found to be an eligible Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 244 SLS 15RS-524 ENGROSSED 1 participant, the department shall obligate monies available in the Tank Trust Fund 2 to provide for the following response actions: 3 * * * 4 (c)(i) * * * 5 (ii) The monies expended from the Tank Trust Fund for any of the above 6 approved costs shall be spent only up to such sums as that which is necessary to 7 satisfy federal petroleum underground storage tank financial responsibility 8 requirements (40 CFR 280.93) or one million five hundred thousand dollars, 9 whichever is greater. 10 * * * The original instrument was prepared by Heyward Jeffers. The following digest, which does not constitute a part of the legislative instrument, was prepared by Martha Hess. DIGEST SB 244 Engrossed 2015 Regular Session Adley Present law provides that monies expended from the Motor Fuel Underground Storage Tank Trust Fund for certain approved costs will be spent only up to such sums as necessary to satisfy certain federal requirements or one million dollars, whichever is greater. Proposed law changes the sum from one million dollars to one million five hundred thousand dollars. Effective August 1, 2015. (Amends R.S. 30:2195.2(A)(1)(c)(ii)) Summary of Amendments Adopted by Senate Committee Amendments Proposed by Senate Committee on Finance to the original bill 1. Changes the amount that can be expended from the fund from three million dollars to one million five hundred thousand dollars. Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.