Bill
LC 138
Abolish Petroleum Tank Release Compensation Board
Abolish the Petroleum Tank Release Compensation Board; the bill leaves transitional duties and any transfer of compensation responsibilities unclear, with funding effects uncertain.
Bill
LC 138
Abolish the Petroleum Tank Release Compensation Board; the bill leaves transitional duties and any transfer of compensation responsibilities unclear, with funding effects uncertain.
Status: Draft Died in Process (LC)
Introduced: September 4, 2024
Subject: Mining and Minerals; Oil and Gas; Rule Making; State Government
Version/Legislative Actions (highlights)
- 2024-09-04: Drafter Assigned
- Late-2024: Draft progresses through standard drafting stages (Legal Review, Edit, Input/Proofing, Final Drafter Review, Draft in Assembly, Draft Ready for Delivery)
- 2025-05-22: (LC) Draft Died in Process
- Overall pattern indicates the bill moved through typical drafting milestones but did not advance to enactment
Overview and Core Purpose
- The bill is titled to abolish the Petroleum Tank Release Compensation Board. The available materials indicate its central action is to terminate the board's existence.
Key Provisions (based on title and available metadata)
- Core action: Abolish the Petroleum Tank Release Compensation Board.
- Specific transitional arrangements, successor structures, funding, or transfer of duties are not specified in the provided record.
- No additional substantive provisions (such as new agencies taking over duties, funding changes, or changes to regulatory processes) are explicitly documented in the available metadata.
Potential Impacts and Implications
- Administrative: Abolishing the board would require a transitional arrangement if its duties are to be continued by another entity (e.g., a state department or agency). Without text, it is unclear which agency would assume any ongoing responsibilities or how outstanding claims or obligations would be handled.
- Financial: If the board administers a reserve, fund, or compensation program, abolishing it could necessitate reallocation of funding, budget shifts, or creation of a new funding mechanism.
- Regulatory/Policy: Abolition could streamline or redefine how petroleum release compensations are addressed, potentially affecting timelines for claimants, investigation processes, and regulatory oversight.
- Workforce: Board staff and operations could be affected, depending on whether duties are reassigned or eliminated.
- Stakeholders: Property owners, operators, claimants related to petroleum tank releases, and local governments may experience changes in how compensation or regulatory enforcement is administered.
Affected Parties
- Primary: Petroleum Tank Release Compensation Board, its staff, and those who rely on the board for compensation related to petroleum tank releases.
- Secondary: State environmental/regulatory agencies that may inherit duties; property owners and operators involved in petroleum storage and releases.
Status and Timeline Notes
- The bill progressed through multiple drafting stages between September 2024 and December 2024, with milestones such as Draft Ready for Delivery, Draft in Assembly, and Final Drafter Review.
- As of May 22, 2025, the bill is listed as Draft Died in Process, indicating it did not advance to enactment.
Important caveat
- The summary reflects the bill’s stated objective and the available metadata. The actual legislative text would be needed to confirm any additional provisions, transitional language, or explicit transfer of responsibilities.
Compiled from official sources — confirm details with the bill’s official record.
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