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SB 2205

EPA-UST FUND-DEDUCTIBLES

104th Regular Session Introduced by Laura Fine

SB 2205 adjusts deductible requirements for Illinois's Underground Storage Tank Fund, shifting financial responsibility between private parties and the state environmental remediation fund.

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Bill Summary · SB 2205

Legislative bill overview

SB 2205 modifies the deductible structure for Illinois's Underground Storage Tank (UST) Fund, which provides financial assurance and cleanup remediation for contaminated sites. The bill adjusts how much responsible parties must pay out-of-pocket before the state fund covers environmental remediation costs for leaking underground storage tanks.

Why is this important

Underground storage tanks pose serious groundwater and soil contamination risks, and cleanup costs can reach millions of dollars. How deductibles are set affects both private businesses' financial liability and taxpayers' exposure through the state fund—making this a balance between industry burden and public environmental protection costs.

Potential points of contention

  • Industry impact: Lower deductibles shift costs toward the state fund, potentially increasing environmental remediation liability on taxpayers; higher deductibles place greater burden on businesses and potentially discourage cleanup efforts for smaller contamination sites
  • Fund solvency: Changes to deductibles directly affect the UST Fund's financial sustainability and whether it maintains adequate reserves for major contamination events
  • Environmental equity: Deductible structures may disproportionately affect cleanup outcomes in lower-income communities where businesses have less capacity to pay higher out-of-pocket costs

Compiled from official sources — confirm details with the bill’s official record.

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