Bill > H5172

This bill, titled the State Underground Petroleum Environmental Response Bank Act, proposes several changes to existing South Carolina law concerning the cleanup of petroleum contamination from underground storage tanks (USTs). Key provisions include updating definitions for terms like "committed funds" and "site rehabilitation" to clarify their meaning, and renaming the Department of Health and Environmental Control to the Department of Environmental Services. The bill significantly increases the maximum funds available for cleaning up contaminated sites from $1 million to $2 million per incident, and revises the annual renewal fee schedule for USTs, with fees gradually increasing from $200 in 2029 to $300 by 2039, with the additional revenue directed to the Superb Account for cleanup efforts. Furthermore, the composition of the Superb Advisory Committee, which oversees the program, is expanded from fourteen to fifteen members, adding a representative from a business specializing in petroleum equipment sales or service. These changes aim to enhance the state's capacity to address petroleum contamination from underground storage tanks.

Budget and Finance

https://www.scstatehouse.gov/billsearch.php?billnumbers=5172&session=126&summary=B