HB 128 Summary

• Amends AS 46.04.030(c) to clarify that an approved contingency plan for a tank vessel or oil barge also satisfies the approved plan requirement under section (a).

• Amends AS 46.04.040(c) to clarify that approved proof of financial ability for a tank vessel or oil barge also satisfies the financial ability requirement under section (a).

• Excludes tank vessels and oil barges from the definition of "oil terminal facility" if they have an approved contingency plan under AS 46.04.030(c) and approved proof of financial ability under AS 46.04.040(c).

• Maintains that non-tank vessels are only considered oil terminal facilities when used for ship-to-ship oil transfers and when traveling between the transfer location and an oil terminal facility.

• Takes effect immediately upon enactment.