SB 310
Modifies provisions relating to the Petroleum Storage Tank Insurance Fund
Sponsor:
LR Number:
1507S.01I
Last Action:
3/9/2021 - Voted Do Pass S Insurance and Banking Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2021

Current Bill Summary

SB 310 - Under current law, the Petroleum Storage Tank Insurance Fund assumes costs of 3rd-party claims and cleanup of contamination caused by releases from petroleum storage tanks and pays legal defense costs for eligible 3rd-party claims. This act specifies that the legal defense costs are separate from other coverage limits and allows the Fund to set a limit for such coverage.

JAMIE ANDREWS

Amendments

No Amendments Found.