Relating to financial assurance for certain facilities.
Catchline/Summary:
Requires the Department of Environmental Quality to contract with a third party to study and assess financial assurance requirements for owners or operators of bulk oils and liquid fuels terminals. Digest: This Act tells the DEQ to contract for a study about making bulk oils and liquid fuels terminal owners get bonds or insurance. (Flesch Readability Score: 61.6).
Requires the Department of Environmental Quality to contract with a third party to study and assess financial assurance requirements for owners or operators of bulk oils and liquid fuels terminals. Directs the department to submit findings to the interim committees of the Legislative Assembly related to the environment no later than September 15, 2026.
Sunsets on January 2, 2027.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 2949 House Committee On Emergency Management, General Government, and Veterans
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