GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001
H	1
HOUSE BILL 1302

 
 
Short Title:	LUST/Extend Sunset/Increase Tank Fees.	()	
Sponsors:	Representative Gibson.	
Referred to:	Finance.	
April 12, 2001

A BILL TO BE ENTITLED
AN ACT to delay the sunset of the exemption of cleanups of petroleum from leaking underground storage tanks from certain requirements related to land-use restrictions and deed recordation and TO INCREASE THE ANNUAL OPERATING FEES APPLICABLE TO COMMERCIAL PETROLEUM UNDERGROUND STORAGE TANKS.

The General Assembly of North Carolina enacts:
SECTION 1.  Section 4 of S.L. 2000‑51 reads as rewritten:
"Section 4.  Sections 1 and 2 of this act are effective retroactively to 1 October 1999. Sections 3 and 4 of this act are effective when this act becomes law. Section 1 of this act expires 1 September 2002."
SECTION 2.  G.S. 143‑215.94C(a) reads as rewritten:
"(a)	For purposes of this subsection, each compartment of a commercial underground storage tank that is designed to independently contain a petroleum product is a separate petroleum commercial underground storage tank. The owner or operator of a commercial petroleum underground storage tank shall pay to the Secretary for deposit into the Commercial Fund an annual operating fee according to the following schedule:
(1)	For each petroleum commercial underground storage tank of 3,500 gallons or less capacity – two hundred fifteen dollars ($215.00).
(2)	For each petroleum commercial underground storage tank of more than 3,500 gallon capacity – three hundred fifteen dollars ($315.00)."
SECTION 3.  Section 1 of this act becomes effective 31 August 2000. Section 2 of this act becomes effective 1 January 2002. Section 3 of this act is effective when this act becomes law.