455G.1 Title — scope. 1. This subchapter is entitled the “Iowa Comprehensive Petroleum Underground Storage Tank Fund Act”. 2. This subchapter applies to petroleum underground storage tanks for which an owner or operator is required to maintain proof of financial responsibility under federal or state law, from the effective date of the regulation of the […]
455G.12 Board authority for prioritization. 1. If the board determines that, within the realm of sound business judgment and practice, prioritization of assistance is necessary in light of funds available for loan guarantees or insurance coverage, the board may develop rules for assistance or coverage prioritization based upon adherence or planned adherence of the owner […]
455G.12A Cost containment authority. 1. Validity of contracts. A contract in which one of the parties to the contract is an owner or operator of a petroleum underground storage tank, for goods or services which may be payable or reimbursable from the fund, is invalid unless and until the administrator has approved the contract as […]
455G.13 Cost recovery enforcement. 1. Full recovery sought from owner. The board shall seek full recovery from the owner, operator, or other potentially responsible party liable for the released petroleum which is the subject of a corrective action, for which the fund expends moneys for corrective action or third-party liability, and for all other costs, […]
455G.14 Fund not subject to regulation. The fund is not subject to regulation under chapter 502 or Title XIII, subtitle 1. 89 Acts, ch 131, §55; 98 Acts, ch 1068, §14; 2005 Acts, ch 19, §68
455G.15 Fund not part of the Iowa insurance guaranty association. Notwithstanding any other provisions of law to the contrary, the fund shall not be considered an insurance company or insurer under the laws of this state and shall not be a member of nor be entitled to claim against the Iowa insurance guaranty association created […]
455G.16 Financial institution participation in fund. 1. The board may impose conditions on the participation of a financial institution in the fund. Conditions shall be reasonably intended to increase the quantity of private capital available for loans to tank owners or operators who are small businesses within the meaning of section 455G.2. Additionally, the board […]
455G.17 Inspectors — education — registration. Repealed by 2007 Acts, ch 171, §11, 13 . See §455B.474.
455G.18 Groundwater professionals — certification. Repealed by 2007 Acts, ch 171, §12 . See §455B.474.
455G.19 Environmental damage offset. Repealed by 95 Acts, ch 215, §29.
455G.2 Definitions. As used in this subchapter unless the context otherwise requires: 1. “Board” means the Iowa comprehensive petroleum underground storage tank fund board. 2. “Bond” means a bond, note, or other obligation issued by the treasurer of state for the fund and the purposes of this subchapter. 3. “Claimant” means an owner or operator […]
455G.20 Final approval. Notwithstanding any other provision to the contrary, the department of natural resources shall have final approval for a determination as to when remediation shall begin on a site. 92 Acts, ch 1217, §9
455G.21 Marketability fund. 1. A marketability fund is created as a separate fund in the state treasury under the control of the board. The board shall administer the marketability fund. Notwithstanding section 8.33, moneys remaining in the marketability fund at the end of each fiscal year shall not revert to the general fund but shall […]
455G.22 No further action fund. Repealed by 2000 Acts, ch 1226, §21, 30 . See §455G.9(1k).
455G.23 Aboveground petroleum storage tank fund. Repealed by its own terms; 2004 Acts, ch 1094, §4, 6 .
455G.3 Establishment of Iowa comprehensive petroleum underground storage tank fund — appropriation. 1. The Iowa comprehensive petroleum underground storage tank fund is created as a separate fund in the state treasury, and any funds remaining in the fund at the end of each fiscal year shall not revert to the general fund but shall remain […]
455G.31 E-85 gasoline storage and dispensing infrastructure. 1. a. As used in this section, unless the context otherwise requires: (1) “Dispenser” includes a motor fuel pump, including but not limited to a motor fuel blender pump. (2) “E-85 gasoline”, “ethanol blended gasoline”, and “retail dealer” mean the same as defined in section 214A.1. (3) “Gasoline […]
455G.3A Special appropriation — renewable fuel infrastructure fund. Repealed by its own terms; 2006 Acts, ch 1175, §19, 23 .
455G.4 Governing board. 1. Members of the board. a. The Iowa comprehensive petroleum underground storage tank fund board is established consisting of the following members: (1) The director of the department of natural resources, or the director’s designee. (2) The treasurer of state, or the treasurer’s designee. (3) An employee of the department of management […]
455G.5 Independent contractors to be retained by board. 1. The board shall administer the fund. A contract entered into on or after July 1, 1992, to retain a person to act as the administrator of the fund shall be subject to public bid. All other contracts to retain a person under this section shall be […]
