The Sunset Will Last A Little Longer — UST Fund ExtendedNovember 26, 2014 – Article
On September 25, 2014, Governor Brown signed SB 445 (Hill) Underground storage tanks; hazardous substances: petroleum: groundwater and surface water contamination into law (UST Law). The UST Law was an urgency measure that took effect immediately.
The UST Law makes changes to the Underground Storage Cleanup Fund (UST Fund). The UST Fund provides a mechanism to reimburse owners and operators of USTs the cost to remediate contaminated sites as the result of leaking USTs. Most importantly, the UST Law extended the program’s sunset date by ten years to January 1, 2026. Under the prior law, the UST Fund was set to expire in 2016, leaving many UST sites without access to state funds.
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