The bill H. 5172 aims to amend various sections of the South Carolina Code of Laws related to the State Underground Petroleum Environmental Response Bank Act. Key changes include updates to definitions, an increase in funds available for the rehabilitation of contaminated sites, and a revision of the annual renewal fee schedule for underground storage tank registrations. Specifically, the bill proposes to increase the maximum reimbursement for site rehabilitation from one million to two million dollars per occurrence and modifies the annual renewal fee structure, with fees increasing over the years. Additionally, the composition of the SUPERB Advisory Committee will change, expanding from fourteen to fifteen members to better represent various stakeholders.
The bill also emphasizes the importance of compliance with registration and fee payment for underground storage tanks, stipulating that no funds from the SUPERB Account can be disbursed for rehabilitation if fees are unpaid. It establishes a clear process for owners or operators seeking compensation for site rehabilitation, requiring proper documentation and certification. The bill is designed to enhance the effectiveness of the environmental response program while ensuring that funds are appropriately allocated and managed. The act will take effect upon approval by the Governor.
Statutes affected: 02/11/2026: 44-2-20
Latest Version: 44-2-20