MT SB315

Establishes reimbursement of up to $2,000 per facility every 1,000 days for preventive measures including removal of inactive tanks, upgraded tank gauges, piping replacements, and replacement of single-wall tanks 20+ years old

Changes mandatory meetings to discretionary for petroleum releases expected to exceed $100,000; meetings for releases under $100,000 remain optional upon any party's request

Adds reimbursement for preventive measures as an authorized use of the Petroleum Tank Release Cleanup Fund, alongside existing eligible costs for release response

Requires the Petroleum Tank Release Compensation Board to adopt rules for reviewing and reimbursing preventive measure costs

Effective January 1, 2026