HB 2196 -- Petroleum Fuel Storage Tanks

Sponsor:  Cooper (120)

This bill changes the laws regarding petroleum fuel storage
tanks.  In its main provisions, the bill:

(1)  Specifies that the Petroleum Storage Tank Insurance Fund is
a body corporate and politic, exempts the fund from being subject
to the transfer requirements of the General Revenue Fund, extends
the expiration date of the fund to December 31, 2020, and
increases the maximum per-tank fees collected by the fund from
$300 to $500 with the option of requiring new applicants to pay a
$500 surcharge per tank for each year that the tank was eligible
for coverage by the fund;

(2)  Allows any interested party to serve on the advisory
committee for the fund and changes the committee's reporting
requirement to the General Assembly on the status of private
insurance for fuel storage from each year to every two years;

(3)  Specifies that after December 31, 2017, the current legal
owner of a storage tank will be responsible for corrective action
due to a leak;

(4)  Prohibits the transfer of petroleum to tanks unless spill
prevention, leak detection, and other types of equipment are
installed on tanks and allows the Department of Natural Resources
to red flag tanks that are ineligible to receive petroleum.  The
department must notify in writing an owner within 14 days of
tagging a tank and must remove a tag upon a satisfactory
resolution of the problem.  The department is required to conduct
an inspection in order to determine if a tag may be removed
within 24 hours of receipt of notice that the problem has been
corrected or the tank owner may remove the tag and continue
operations.  An appeal of the department's decision may be made
to the Administrative Hearing Commission or to the appropriate
circuit court; and

(5)  Requires, beginning December 31, 2010, owners of aboveground
storage tanks to maintain insurance for spills in the amount of
at least $1 million per spill and $2 million in aggregate or to
participate in the fund.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:12 pm