OR HB4100

Owners and operators of bulk oils or liquid fuels terminals must obtain a certificate of financial responsibility from the Department of Environmental Quality demonstrating ability to cover spill-related liabilities including cleanup, fire damage, and natural resource restoration

Maximum financial assurance requirement capped at $300 million, with DEQ able to adjust this amount no more than once every three years (first adjustment not before January 1, 2030)

Environmental Quality Commission must establish rules for acceptable financial assurance mechanisms (insurance, surety bonds, letters of credit, trusts) and enforcement procedures including civil penalties for non-compliance

Local governments preempted from requiring financial assurance that exceeds or is in addition to state requirements

DEQ required to submit biennial implementation reports to the Legislative Assembly beginning September 15, 2027, with rules to be consistent with federal Oil Pollution Act of 1990 and Washington State requirements where practicable