Petroleum products, storage of dangerous substances, and granting rule-making authority. (FE)
If enacted, SB746 would significantly impact state laws regarding environmental safety and compliance. The amended definitions and exemption criteria are expected to bring a large number of previously unregulated storage tanks under state oversight, leading to improved safety measures and potentially lower risks of leaks or spills. This change could also precipitate a more standardized framework for inspections and maintenance of storage tanks, aligning them with federal safety regulations.
Senate Bill 746 modernizes the regulation of petroleum products and the storage of dangerous substances in Wisconsin. It proposes amendments to the definitions of combustible liquids and adjusts the exemption criteria for aboveground storage tanks. This bill aims to enhance the Department of Agriculture, Trade and Consumer Protection's (DATCP) authority in regulating these substances, thereby ensuring better compliance and safety standards in handling petrochemical products. The bill also mandates that DATCP maintains an inventory of storage tanks containing regulated products, streamlining the regulatory process.
However, the bill has faced debate regarding its implications for businesses that might be required to comply with new regulations and potential fees associated with the maintenance and inspection of their storage systems. While proponents argue that improved regulations will offer better protection for the environment and public safety, opponents express concern over the financial burden this could place on small businesses and the feasibility of adapting to more stringent rules. The tension between environmental safety and economic considerations will likely shape ongoing discussions about this legislation.