| | | (2) For expenses related to a leaking aboveground oil | | storage facility, the deductible amount is determined | | in accordance with the following schedule: |
|
| | | capacity in gallons owned by |
|
| | | 500,001 to 1,000,000 | 25,000 |
|
| | | 1,000,001 to 1,500,000 | 40,000 |
|
| | | greater than 1,500,000 | 62,500 |
|
| | | (3) For facilities with both aboveground and | | underground tanks when the source of the discharge can | | not be determined or when the discharge is from both | | types of tanks, the standard deductible is the | | applicable amount under subparagraph (1) or (2), | | whichever is greater. |
|
| | | Sec. A-2. Effective date. This Part takes effect 90 days after | | adjournment of the First Regular Session of the 119th | | Legislature. |
|
| | | Sec. B-1. Resolve 1999, c. 74, §7 is amended to read: |
|
| | | *Sec. 7. Report. Resolved: That no later than December 15, 1999, the | | task force shall submit its report, together with any | | recommendations for legislation, to the Joint Standing Committee | | on Business and Economic Development. The Joint Standing | | Committee on Business and Economic Development is authorized to | | report out a bill during the Second Regular Session of the 119th | | Legislature concerning the findings and recommendations of the | | task force. |
|
| | | If the task force requires an extension of the reporting | | deadline, it may apply to the Legislative Council, which may | grant the extension.; and be it further |
|
| | | Sec. B-2. Resolve 1999, c. 74, §8 is enacted to read: |
|
| | | Sec. 8.__Appropriation.__Resolved:__That the following funds are | | appropriated from the General Fund to carry out the purposes of | | this resolve. |
|
|