Issue Date: 1989-06-23
Revised Date: 2021-12-15

Legal Cites

Origin:

1989 by H.B. 1588, 71st Leg., R.S.

Purpose

To receive fees, interest and penalties for late payments of fee, and funds recovered for corrective action and enforcement actions concerning petroleum storage tanks. Used to pay necessary expenses associated with administration of the account and groundwater petroleum cleanup program.

Any amount up to $1 million may be used to pay expenses associated with corrective action for each occurrence taken in response to a release from a petroleum storage tank. May not be used to compensate third parties for bodily injury or property damage. May not be used to reimburse for corrective action performed after September 1, 2005 or for corrective action in a claim filed after 3-1-08 except as provided by § 26.3573(r-1). Fees deposited to the account are assessed based on account balance. For information on account balance see Water Code § 26.3574.

May be used for expenses associated with assuming compliance with applicable administration and technical requirements.

May be used for expenses associated with investigation, clean up or corrective action measures performed under section 26.351(c-1).

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Note

Exempt from loss of dedication (§ 403.094, Government Code) by S.B. 1234 (§ 2.01) and H.B. 2605 (§ 9), 73rd Leg., R.S.

Amended by H.B. 2587, 74th Leg., R.S. 

Amended by H.B. 2687 and H.B. 2912, 77th Leg., R.S. removed ceiling and floor provisions on collection of fees. 

Agency name change per H.B. 2912, 77th Leg., R.S. 

Amended by S.B. 1863, 79th Leg., R.S. 

Compliance with applicable administration and technical requirements expenses added by H.B. 3554, 80th Leg., R.S.

Expenses associated with investigation, clean up or corrective action measures performed under section 26.351(c-1) added by H.B. 2694, 82nd Leg., R.S.

USAS Values

USAS Title GR ACCT-PETROL STORE TNK REMED
Consolidated Fund 0001
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status A
Used to make general expenditures for the daily operations of state government.