South Carolina H5172 amends the State Underground Petroleum Environmental Response Bank Act, updating definitions, increasing funds for site.
South Carolina H5172 amends the State Underground Petroleum Environmental Response Bank Act to update definitions, increase funds available for site rehabilitation, revise annual renewal fee schedules, and change the composition of the Superb Advisory Committee. The bill modifies the definition of "underground storage tank" to exclude certain tanks and pipes. It increases the Superb Account's coverage for site rehabilitation and third-party claims, with a cap of $1.2 million per occurrence.
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