S.F. No. 3135 Summary

• Modifies the definition of reimbursable corrective action costs to explicitly include physical tank removal when it is part of a corrective action, regardless of whether the tank is leaking at the time of removal, provided the removal is directed or approved by the commissioner.

• Expands eligibility for interest cost reimbursement to include costs incurred when the board has not considered a complete application within the applicable time frame specified in subdivision 2a, paragraph (c).

• Increases the maximum reimbursement limit for costs associated with a single tank facility release from $1,000,000 to $2,000,000.

• Maintains the board's 90 percent reimbursement rate for eligible applicants (with flexibility for previously qualifying higher rates) and preserves limits on reimbursement for tank-in-transport releases ($100,000 maximum) and single release incidents ($1,000,000 maximum).