Provides relative to the setting of the fee for the Motor Fuels Underground Storage Tank Trust Fund. (8/1/18)
Impact
This legislation impacts state laws by refining how fees are calculated for the operation of bulk storage facilities for motor fuels. The establishment of an Advisory Board, tasked with evaluating the fee structures and the usage of the Trust Fund, is a significant shift in the oversight of motor fuels management in Louisiana. The board will conduct annual reviews to recommend necessary changes to the fee, ensuring that funds are appropriately allocated and that they meet environmental standards. By regulating this funding mechanism, the bill is intended to enhance environmental protections associated with underground storage tanks.
Summary
Senate Bill 195, also known as the Motor Fuels Underground Storage Tank Trust Fund Act, aims to amend the existing regulations concerning the funding and management of the Motor Fuels Underground Storage Tank Trust Fund. Specifically, it revises the fee structure applied to the first sale or delivery of motor fuels from bulk facilities, setting a maximum fee not to exceed seventy-two dollars for each separate withdrawal of nine thousand gallons. The bill also addresses the powers and responsibilities of both the Department of Environmental Quality and the Advisory Board overseeing the Trust Fund.
Sentiment
The sentiment surrounding SB 195 appears to be predominantly positive among environmental advocates and regulatory bodies, as it seeks to improve oversight and accountability within the motor fuels sector. The involvement of an Advisory Board is seen as a proactive measure to ensure that the Trust Fund effectively serves its purpose. However, there may be some contention regarding the adjustments in fee structures, with potential concerns from bulk facility operators about the financial implications of these fees.
Contention
One notable point of contention may arise regarding the balance between providing sufficient funding for environmental protection and the economic burdens placed on operators of bulk fuel facilities. While the bill aims to establish a more organized and transparent fee structure, operators might argue that increased fees could impact their financial viability. Additionally, as the Advisory Board has significant authority in determining fee adjustments, stakeholders may seek clarity on how recommendations will be made to ensure a fair and equitable approach.
Requests the Department of Environmental Quality to study including above ground bulk storage facilities in the Motor Fuels Underground Storage Tank Trust Fund.
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) (EN +$575,000 SD EX See Note)