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SCS CSHB 456(FIN): "An Act relating to the Board of Storage Tank Assistance; and providing for an effective date."

00SENATE CS FOR CS FOR HOUSE BILL NO. 456(FIN) 01 "An Act relating to the Board of Storage Tank Assistance; and providing for 02 an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 44.66.010(a)(18) is amended to read: 05  (18) Board of Storage Tank Assistance (AS 46.03.360) - June 30, 2000 06 [1996]; 07 * Sec. 2. AS 46.03.360(a) is amended to read: 08  (a) There is established the Board of Storage Tank Assistance. For 09 administrative purposes, the board is located in the department. The board consists of 10 the commissioner [COMMISSIONERS] of environmental conservation [AND 11 TRANSPORTATION AND PUBLIC FACILITIES], or the commissioner's designee 12 [THEIR DESIGNEES], and the following persons who shall be appointed by the 13 governor to serve at the pleasure of the governor for staggered four-year terms: 14  (1) an engineer registered under AS 08.48 who is knowledgeable about

01 installing, upgrading, repairing, or closing underground petroleum storage tank 02 systems; 03  (2) a general contractor registered under AS 08.18 who is 04 knowledgeable about installing, upgrading, repairing, or closing underground petroleum 05 storage tank systems; 06  (3) two persons who own or operate an underground petroleum storage 07 tank system, at least one of whom does not own or operate more than 10 underground 08 petroleum storage tanks; [AND] 09  (4) a member of the insurance industry; and 10  (5) a person who is a member of the general public who does not 11 have a financial interest in replacing, upgrading, closing, testing, or cleaning up 12 releases from the type of underground storage tank that is governed by 13 AS 46.03.360 - 46.03.450. 14 * Sec. 3. AS 46.03.420(a) is amended to read: 15  (a) Subject to (b) - (i) of this section, application may be made to the 16 department by the owner or operator of an underground petroleum storage tank system, 17 other than the state or federal government, for grants and loans from the storage tank 18 assistance fund to pay for the costs of risk assessment, containment, corrective action, 19 and cleanup resulting from a release of petroleum from or associated with an 20 underground petroleum storage tank system. Applications for assistance under this 21 section must be submitted to the department before July 1, 1994. Under regulations 22 of the board, the department shall rank requests under this section in order of priority, 23 giving greatest priority to those tank systems that 24  (1) present the greatest threat or potential threat to human health; 25  (2) are owned and operated by persons or firms who have the 26 greatest inability to demonstrate compliance with the financial responsibility 27 requirements of federal regulations related to tank systems; and 28  (3) are owned or operated by persons or firms that own or operate 29 10 tanks or fewer. 30 * Sec. 4. This Act takes effect July 1, 1996.