Senate Substitute

SS/SCS/HCS/HB 1364 - This act modifies provisions relating to petroleum products.

DISTRIBUTION OF PETROLEUM PRODUCTS (Section 292.606)

Under current law, certain provisions relating to fees collected relating to the transportation and delivery of petroleum products are due to expire on August 28, 2018. This act extends this expiration date to August 28, 2024.

These provisions are identical to SB 626 (2018) and a provision in the perfected SS/SCS/SB 1050 (2018), and is substantially similar to SB 515 (2017) and HB 1167 (2017).

PETROLEUM STORAGE TANK INSURANCE FUND (Sections 319.129 & 319.140)

Currently, the Petroleum Storage Tank Insurance Fund is set to expire on December 31, 2020, after which claims made prior to such date may continue to be paid. This act extends such expiration to December 31, 2025.

This provision is identical to a provision in HCS/SS/SCS/SB 782 (2018), and similar to SB 961 (2018), the perfected HB 1607 (2018), and HB 2257 (2018).

This act establishes the Task Force on the Petroleum Storage Tank Insurance Fund. The Task Force shall be composed of 8 members, with 3 being from the House of Representatives, 3 being from the Senate, and 2 being industry stakeholders. The Task Force shall conduct research and compile a report, by December 31, 2018, on certain topics relating to the Petroleum Storage Tank Insurance Fund as set forth in this act.

This provision is identical to a provision in HCS/SS/SCS/SB 782 (2018), and substantially similar to a provision contained in the perfected SS/SCS/SB 782 (2018).

FUEL STANDARDS (Section 414.032)

Currently, all fuels shall meet American Society for Testing and Materials (ASTM) standards, in addition to rules promulgated by the Director of the Department of Agriculture. Under this amendment, the Director may waive specific requirements, or establish temporary alternative requirements in the event of an extreme and unusual fuel supply circumstance, so long as the Director takes certain actions specified in this amendment. Such waiver shall be as limited in scope and applicability as necessary, and shall apply equally and uniformly to all persons and companies in the impacted fuel supply and distribution system.

These provisions are similar to SCS/SB 998 (2018) and to provisions in the perfected SS/SCS/SB 1050 (2018).

ERIC VANDER WEERD


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