The proposed bill would amend current statutes regarding the Underground Storage Tank Revolving Fund by introducing new requirements for applicants seeking reimbursement. Specifically, it mandates that applicants must apply to the Arizona Department of Environmental Quality (ADEQ) within one year after completing the necessary work. For projects approved before September 1, 2025, applicants are required to submit all documentation for reimbursement by February 1, 2026, or one year after the work's completion, whichever is later. Additionally, starting September 1, 2025, any applicant who fails to submit their application in a timely manner will lose their eligibility for reimbursement.

Furthermore, the bill would require ADEQ to compile an annual report on the Fund's preapproval process, starting September 1, 2025. This report must include details on the funds associated with preapproved applications, the dollar amounts for each application, and any amounts that have yet to be distributed. The existing provision allowing ADEQ to reimburse costs for applications received before September 30, 2020, would be removed, streamlining the reimbursement process and ensuring that applicants adhere to the new timelines established by the bill.

Statutes affected:
Introduced Version: 49-1015, 49-1071, 35-190, 49-1053, 49-1036, 35-313, 49-1017, 49-1017.02
Senate Engrossed Version: 49-1015, 49-1071, 35-190, 49-1053, 49-1036, 35-313, 49-1017, 49-1017.02