Relating to the use of certain moneys in the storage tank management account of the groundwater protection fund, and making appropriations

This bill relates to the use of moneys in the storage tank management account of the groundwater protection fund that are transferred from the Iowa comprehensive petroleum underground storage tank fund. The groundwater protection fund includes four accounts related to groundwater: the solid waste account, the agriculture management account, the household hazardous waste account, and the storage tank management account. The Iowa comprehensive petroleum underground storage tank fund assists owners and operators of petroleum underground storage tanks in complying with federal regulations. The bill transfers all unencumbered and unobligated moneys in the Iowa comprehensive petroleum underground storage tank fund on the effective date of the bill to the storage tank management account. The bill provides that moneys transferred to the storage tank management account pursuant to the bill shall be used to reimburse tank owners for the costs associated with a corrective action for a petroleum release. Of the moneys transferred from the Iowa comprehensive petroleum underground storage tank fund to the storage tank management account, at least $3 million shall be used for the permanent closure of underground storage tank systems, actions arising from sites where certificates of no further action have been issued, and tank operator training, and $250,000 shall be appropriated to the department of agriculture and land stewardship for inspecting fuel quality at pipeline terminals and renewable fuel production facilities. The bill repeals the Iowa comprehensive petroleum underground storage tank fund board (board) on December 31, 2025. The department of natural resources and the board shall propose legislation to eliminate references to the board and the Iowa comprehensive petroleum underground storage tank fund on or before November 29, 2024.