Provides relative to the recovery of certain monies expended from the Oilfield Site Restoration Fund. (8/1/19) (EN SEE FISC NOTE GF EX See Note)
Impact
The bill's enactment is expected to modify Louisiana's legal landscape surrounding oilfield site management. By clarifying the procedures and authority behind the Oilfield Site Restoration Fund, SB 180 seeks to improve the efficiency of response efforts regarding orphaned oilfield sites and related emergencies. This change is vital for ensuring that adequate resources are allocated for site restoration and that there is accountability for those responsible for the sites. The amendments will thus likely result in better environmental safety and regulatory compliance.
Summary
Senate Bill 180, introduced by Senator Allain, amends existing laws to enhance the functionality and purpose of the Oilfield Site Restoration Fund in Louisiana. The bill outlines the proper use of funds pertaining to site restoration costs and establishes new procedures for declaring emergencies and expending funds from the restoration fund. Additionally, it mandates the Oilfield Site Restoration Commission's approval for expenditures and aims to create a more streamlined process for recovering costs from responsible parties for oilfield site restorations, particularly in emergencies.
Sentiment
The sentiment surrounding SB 180 appears to be overall positive among legislative members, as evidenced by the unanimous support it received during voting. The proponents argue that the bill is a constructive step towards enhancing the state's ability to manage oilfield sites, thereby protecting the environment and public health. However, some concerns were raised about the potential implications for funding levels and the efficiency of recovery processes, particularly regarding the accountability of oil companies in emergencies.
Contention
Despite general support, there are notable points of contention regarding the balance of state authority and industry accountability. Critics fear that the amendments could lead to insufficient oversight if the commission is not vigilant in its approval processes for fund disbursement. Moreover, the specifics of how recovery efforts will be implemented and enforced can impact the effectiveness of the bill, especially if responsible parties are unable or unwilling to repay associated costs. Therefore, monitoring the implementation of SB 180 will be essential to address any emerging challenges.
Provides for the transfer and use of funds from the Louisiana Main Street Recovery Program to the Oilfield Site Restoration Fund. (gov sig) (Item #19) (EG SEE FISC NOTE SD EX See Note)