Bills › 90th General Assembly
Relating to the use of certain moneys in the storage tank management account of the groundwater protection fund, and making appropriations
Sponsored by the Senate Natural Resources and Environment Committee
Topics:State budgetEnvironment & natural resources
Same legislation: SSB 3177, HSB 699, HF 2588, HF 2646, SF 2414
Where it is now
- Done: IntroducedFebruary 12, 2024
- Done: SubcommitteeFebruary 12, 2024
- Done: Senate committeeFebruary 13, 2024
- Skipped: Passes the SenateContinued as SF 2414
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Became SF 2414 → Its progress continues under the new number. Go to SF 2414 What’s a funnel?
What’s in it
AI summary Money currently held in the Iowa comprehensive petroleum underground storage tank fund would move into the storage tank management account. These funds will help pay for cleaning up petroleum leaks and closing out old underground tank systems. At least $3 million of this money must be used for permanent tank closures, certain site cleanup actions, and training for tank operators.1
Read the official explanation
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 and that at least $3 million of the moneys transferred from the Iowa comprehensive petroleum underground storage tank fund to the storage tank management account 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.
Changed since by amendments H-8283, S-5118; see Amendments.
Senate subcommittee
Named February 19, 2024. On February 21, 2024 it recommended amendment and passage. [].
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part