02/06/2002 09:43 AM Senate FIN

     CS FOR SENATE BILL NO. 153(RES)                                                                                            
     "An  Act replacing the  storage tank  assistance fund  with the                                                            
     underground  storage tank revolving  loan fund and relating  to                                                            
     that revolving  loan fund; repealing  the tank cleanup  program                                                            
     and the tank  upgrading and closure program;  and providing for                                                            
     an effective date."                                                                                                        
                                                                                                                                
This was  the second  hearing for  this bill in  the Senate  Finance                                                            
Committee.                                                                                                                      
                                                                                                                                
Co-Chair Kelly voiced support of this bill.                                                                                     
                                                                                                                                
MARY  SIROKY,   Manager,  Information   Education  &  Coordination,                                                             
Division of  Statewide Public Service,  Department of Environmental                                                             
Conservation, stated the Department supports this bill.                                                                         
                                                                                                                                
Senator  Leman voiced  appreciation  to the  Board  of Storage  Tank                                                            
Assistance,  Department  of  Environmental   Conservation,  and  the                                                            
Committee  members  and the  many  parties  for coming  together  to                                                            
address this   "complex issue". He  informed this bill is  moving in                                                            
the direction that "was intended."                                                                                              
                                                                                                                                
Senator Leman offered a motion to report CS SB 153 (FIN), 22-                                                                   
LS0696\L Cook  from committee with  a new zero fiscal note  from the                                                            
Department of Environmental Conservation.                                                                                       
                                                                                                                                
Without objection the bill MOVED from Committee.