HB 1364 Modifies provisions relating to petroleum products

     Handler: Munzlinger

Current Bill Summary

- Prepared by Senate Research -


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.

This provision is identical to SB 626 (2018), and to provisions in HCS#2/SS#2/SCS/SB 1050 (2018), SS/SCS/HB 1355 (2018), SCS/HCS/HBs 2277 & 1983 (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 provisions contained in HCS/SB 659 (2018), HCS/SS/SCS/SB 782 (2018), and HCS#2/SS#2/SS/SB 1050 (2018), and is 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 provisions contained in HCS/SB 659 (2018), HCS/SS/SCS/SB 782 (2018), and HCS#2/SS#2/SS/SB 1050 (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 act, the Director may waive specific requirements, or establish temporary alternative requirements in the event of an extreme and unusual fuel supply circumstance. 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 identical to provisions contained in SS/SCS/HB 1355 (2018) and HCS/SB 659 (2018), and is similar to HCB 16 (2018), HCS/HB 2452 (2018), SCS/SB 998 (2018), SS/SCS/SB's 627 & 925 (2018), and SCS/HCS/HB's 2277 & 1983 (2018).

ERIC VANDER WEERD


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