This bill mandates the removal of residential heating oil underground storage tanks if they have not been used for 12 consecutive months, unless specific conditions are met. The new legal language defines a "residential heating oil underground storage tank" and stipulates that such tanks must be removed in accordance with the state fire code if the heating system is changed or if the owner does not plan to use the tank in the future. However, if removing the tank would compromise the integrity of any overlying structure, it may be permanently abandoned in place, following the state fire code. Additionally, any oil discharge discovered during the removal or closure process is subject to existing regulations.

The bill also introduces a requirement for real estate transactions to include information regarding the presence of residential heating oil underground storage tanks. This addition aims to ensure that potential buyers are informed about any such tanks on the property. The act will take effect 60 days after its passage.

Statutes affected:
As Amended by the House: 477:4-d