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ACT NO. 48


Conservation; Petroleum Cleanup Fund

This act provides that the petroleum cleanup fund shall not be used for a governmental purpose different from that expressed in the chapter of law, shall never be borrowed by any branch of government, and shall remain intact and inviolate for the purposes set out in the chapter. It proposes to extend to July 1, 2009 the date by which claims must be made under the fund; it extends the one cent per gallon distributor licensing fee so that it expires on April 1, 2011; and it extends the petroleum tank assessment until July 1, 2009.

Finally, it allows up to $400,000.00 from the fund to be used in FY 2003 for purposes of funding measures related to aboveground tanks.

Effective Date: From passage, June 2, 2003