(a) There is an Underground Storage Tank Upgrade and Replacement Fund. (b) The Fund shall be used to provide loans to owners of underground storage tanks to finance eligible costs of upgrading and replacing underground storage tanks. (c) The provisions of this subtitle do not apply to underground storage tanks: (1) That are exempt under § 4–409(b)(3) of this […]
(a) On or before September 1, 1991 and until July 1, 1996, a fee shall be paid annually to the Department for each underground storage tank in the State unless the tank is used exclusively for the production, distribution, or sale of petroleum by the owner of the tank. (b) The tank fee imposed under this section […]
The Board of Public Works, upon the recommendation of the Secretary, may award a loan to an owner of an underground storage tank to cover the following costs: (1) Tank upgrade or replacement costs necessary to meet the technical requirements of regulations adopted by the Environmental Protection Agency for underground storage tanks; (2) Costs of site assessment […]
(a) The Department shall adopt regulations to carry out the provisions of this subtitle. (b) (1) The regulations adopted under this subtitle shall establish application procedures and criteria for the award of a loan under this subtitle. (2) The criteria shall provide a basis for the priority ranking of projects, and shall include: (i) The financial capacity and fiscal accountability […]
(a) (1) A loan agreement under this subtitle shall contain those conditions that the Secretary requires by regulation to achieve the purposes of this subtitle and to protect the interests of the State. (2) A loan agreement under this subtitle shall contain provisions that authorize the Secretary to recall the loan and require that any amount of financial […]
(a) To be eligible for a loan under this subtitle, an applicant shall: (1) Be in substantial compliance with all State and federal laws and regulations governing the installation, operation, and use of underground storage tanks; and (2) Submit a completed loan processing form to the Department on or before June 30, 1998. (b) A loan under this subtitle […]
(a) No fee may be imposed after June 30, 1996 and no loan may be made under the provisions of or for the purposes of this subtitle, or in accordance with regulations adopted under this subtitle, after December 31, 1998. (b) (1) In fiscal year 1997, the Secretary shall transfer $3 million from the Underground Storage Tank Upgrade […]
