Commission Staff Activities 



(6) Issues related to the inclusion of aboveground storage tanks in the program, 

 including registration, fees and other funding issues, cleanup standards, and 

 regulation of these tanks. 



(7) Issues related to the provision of liability protection to a bona fide purchaser 

 of a petroleum contaminated property who has knowledge of, but did not 

 cause or contribute to, the contamination of the property. 



Meetings of the working group were held on 17 November 2003, 15 December 

 2003, 19 March 2004, 31 March 2004, 19 April 2004, and 4 May 2004. The working 

 group focused primarily on two issues: 1) the solvency of the Trust Funds and problems 

 associated with delays in reimbursement fi-om the funds; and 2) the provision of liability 

 protection to a bona fide purchaser of a petroleum contaminated party who has knowledge 

 of, but did not cause or contribute to, the contamination of the property. The working 

 group has not reached a resolution on either of these issues as of this report, but will likely 

 continue to meet during the 2004 Regular Session to discuss these issues in the context of 

 the legislative proposals mentioned below. 



Proposed legislation to address Trust Fund liquidity appears in the 

 recommendations section of this report as "Leaking UST Fund Liquidity." A legislative 

 proposal entitled "Limit Liability for Environmental Cleanups" that appears in the 

 recommendations section of this report includes provisions designed to provide liability 

 protection to a bona fide purchaser of a petroleum contaminated party who has knowledge 

 of, but did not cause or contribute to, the contamination of the property. 



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