Updates financial assurance requirements for solid waste processing and disposal facilities in Maine.

This bill amends financial assurance requirements for certain solid waste processing facilities and solid waste disposal facilities in Maine to align with federal regulations. It specifies acceptable forms of financial assurance, including letters of credit, surety bonds, escrow accounts, and reserve accounts. The bill also allows for annual reports from facility owners or operators and permits the Department of Environmental Protection to substitute certain financial assurance requirements.

Updates financial assurance requirements for solid waste processing and disposal facilities in Maine.

This bill amends financial assurance requirements for certain solid waste processing facilities and solid waste disposal facilities in Maine to align with federal regulations. It specifies acceptable forms of financial assurance, including letters of credit, surety bonds, escrow accounts, and reserve accounts. The bill also allows for annual reports from facility owners or operators and permits the Department of Environmental Protection to substitute certain financial assurance requirements.