The bill establishes a reimbursement program for the replacement of pressurized single-walled steel piping in underground petroleum storage tank systems in Minnesota. It amends Minnesota Statutes 2024, specifically section 115C.08, subdivision 4, to include a new provision that allows for reimbursement of costs associated with replacing this piping, specifically under section 115C.09, subdivision 3l. The reimbursement will cover 50% of the costs for eligible equipment, with a cap of $100,000 per eligible location and a maximum annual expenditure of $4,000,000 from the fund. The bill also outlines the criteria for eligibility, including the requirement for owners to consider at least two bids and select the lowest cost option.

Additionally, the bill introduces a new subdivision in section 115C.09 that defines terms related to the reimbursement program, such as "eligible equipment," "eligible location," and "qualified person." It specifies that the reimbursement program will not cover costs deemed unreasonable by the board and limits the number of reimbursements an owner can receive to two eligible locations per calendar year. The program is set to expire on June 30, 2036.

Statutes affected:
Introduction: 115C.08, 115C.09