SB 961 – Extends the expiration date of the Petroleum Storage Tank Insurance Fund from December 31, 2020 to December 31, 2030

• Sponsor: Cunningham
• LR Number: 6159S.01I
• Committee: Commerce, Consumer Protection, Energy and the Environment
• Last Action: 2/21/2018 - Voted Do Pass S Commerce, Consumer Protection, Energy and the Environment Committee
• Effective Date: August 28, 2018

Current Bill Summary

SB 961 - 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, 2030.

This provision is identical to the perfected HB 1607 (2018) and HB 2257 (2018), and is similar to HCS/SB 659 (2018), SS/SCS/HCS/HB 1364 (2018), HCS/SS/SCS/SB 782 (2018), and HCS#2/SS#2/SS/SB 1050 (2018).

KAYLA HAHN