Current Status Introducing Body:House Bill Number:5121 Primary Sponsor:Mattos Committee Number:06 Type of Legislation:JR Subject:Petroleum contamination sites Residing Body:Senate Current Committee:Finance Computer Document Number:CYY/15965AC.94 Introduced Date:19940414 Last History Body:Senate Last History Date:19940509 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Mattos Hallman Marchbanks Trotter M.O. Alexander Type of Legislation:Joint Resolution
Bill Body Date Action Description CMN Leg Involved
____ ______ ____________ ______________________________ ___ ____________
5121 Senate 19940509 Introduced, read first time, 06
referred to Committee
5121 House 19940506 Read third time, sent to
Senate
5121 House 19940505 Unanimous consent for third
reading on next Legislative
day
5121 House 19940505 Read second time
5121 House 19940421 Committee Report: Favorable 30
5121 House 19940414 Introduced, read first time, 30
referred to Committee
View additional legislative information at the LPITS web site.
COMMITTEE REPORT
April 21, 1994
H. 5121
Introduced by REPS. Mattos, Hallman, Marchbanks, Trotter and M.O. Alexander
S. Printed 4/21/94--H.
Read the first time April 14, 1994.
To whom was referred a Joint Resolution (H. 5121), to authorize the Budget and Control Board to transfer certain monies from the "Superb Financial Responsibility Fund", etc., respectfully
That they have duly and carefully considered the same, and recommend that the same do pass:
WILLIAM D. BOAN, for Committee.
TO AUTHORIZE THE BUDGET AND CONTROL BOARD TO TRANSFER CERTAIN MONIES FROM THE "SUPERB FINANCIAL RESPONSIBILITY FUND" TO THE DEPARTMENT OF HEALTH AND ENVIRONMENTAL CONTROL "SUPERB ACCOUNT" FOR THE PURPOSE OF MEETING THE DEPARTMENT'S OBLIGATIONS UNDER THE STATE UNDERGROUND PETROLEUM ENVIRONMENTAL RESPONSE BANK ACT.
Whereas, the Superb Account is a separate account established within the State Treasury and administered by the Department of Health and Environmental Control for rehabilitation of sites contaminated with petroleum or petroleum products released from underground storage tanks and for the administration of the State Underground Petroleum Environmental Response Bank Act (the Superb Act); and
Whereas, the Superb Account has proven to be inadequate to meet the overwhelming demand of the program; and
Whereas, the Superb Financial Responsibility Fund is also a separate account established within the State Treasury and administered by the Budget and Control Board for compensating third parties for bodily injury and property damages caused by accidental releases arising from the operation of underground storage tanks containing petroleum or petroleum products; and
Whereas, only a minor amount of the Superb Financial Responsibility Fund has been needed to date due to very few claims against it; and
Whereas, in order to meet its obligations under the Superb Act, the Department of Health and Environmental Control must supplement its Superb Account. Now, therefore, Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. (A) Notwithstanding the provisions of Chapter 2, Title 44, the State Underground Petroleum Environmental Response Bank Act (Superb Act), the General Assembly authorizes the Budget and Control Board to make a one-time transfer of three million dollars from the Superb Financial Responsibility Fund as provided for in Section 44-2-40(D) into the Superb Account, as provided for in Section 44-2-40(B).
(B) The transferred funds are to be utilized to meet the department's obligations under the Superb Act and as funds become available as provided in Section 44-2-40(C), the Superb Financial Responsibility Fund will be replenished.
SECTION 2. This joint resolution takes effect upon approval by the Governor.