This bill aims to revise laws related to the Petroleum Tank Release Compensation Board by establishing new procedures for the reimbursement of preventative measures taken by owners or operators of petroleum facilities. It specifies that reimbursements will be available for various preventative actions, such as the removal of inactive tanks and upgrades to tank gauges, with a cap of $2,000 per facility every 1,000 days. The bill also outlines the documentation required for reimbursement claims and stipulates that claims cannot be submitted less than 1,000 days after the last state-required compliance inspection.

Additionally, the bill amends existing sections of the Montana Code Annotated (MCA) to enhance the board's authority and clarify procedures for reimbursement of eligible costs related to petroleum tank releases. Notably, it allows for discretionary meetings among stakeholders when costs exceed $100,000 and modifies the language regarding the board's responsibilities in approving reimbursements. The effective date for these changes is set for January 1, 2026.

Statutes affected:
LC Text: 75-11-309, 75-11-313, 75-11-318
SB0315_1(1): 75-11-309, 75-11-313, 75-11-318
SB0315_1(2): 75-11-309, 75-11-313, 75-11-318
SB0315_1(3): 75-11-309, 75-11-313, 75-11-318
SB0315_1(4): 75-11-309, 75-11-313, 75-11-318
SB0315_1(5): 75-11-309, 75-11-313, 75-11-318
SB0315_1(6): 75-11-309, 75-11-313, 75-11-318
SB0315_1(7): 75-11-309, 75-11-313, 75-11-318
SB0315_1: 75-11-309, 75-11-313, 75-11-318
SB0315_X(1): 75-11-309, 75-11-313, 75-11-318
SB0315_X(10): 75-11-309, 75-11-313, 75-11-318
SB0315_X(11): 75-11-309, 75-11-313, 75-11-318
SB0315_X(12): 75-11-309, 75-11-313, 75-11-318
SB0315_X(13): 75-11-309, 75-11-313, 75-11-318
SB0315_X(14): 75-11-309, 75-11-313, 75-11-318
SB0315_X(2): 75-11-309, 75-11-313, 75-11-318
SB0315_X(3): 75-11-309, 75-11-313, 75-11-318
SB0315_X(4): 75-11-309, 75-11-313, 75-11-318
SB0315_X(5): 75-11-309, 75-11-313, 75-11-318
SB0315_X(6): 75-11-309, 75-11-313, 75-11-318
SB0315_X(7): 75-11-309, 75-11-313, 75-11-318
SB0315_X(8): 75-11-309, 75-11-313, 75-11-318
SB0315_X(9): 75-11-309, 75-11-313, 75-11-318
SB0315_X: 75-11-309, 75-11-313, 75-11-318