|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jun 02, 2014||referred to environmental conservation|
senate Bill S7718
Archive: Last Bill Status - In Senate Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S7718 - Details
- See Assembly Version of this Bill:
- Law Section:
- Environmental Conservation Law
- Laws Affected:
- Add §17-1019, En Con L
S7718 - Sponsor Memo
BILL NUMBER:S7718 TITLE OF BILL: An act to amend the environmental conservation law, in relation to global financial surety PURPOSE OR GENERAL IDEA OF BILL: To require petroleum bulk storage facilities to provide a surety to be used in the case of a necessary cleanup and decontamination. SUMMARY OF SPECIFIC PROVISIONS: Section 1: amends the environmental conservation law by adding a new section 17-1019. Section 2: effective date JUSTIFICATION: The Petroleum Storage Surety bill is in response to recent accidents resulting in substantial financial losses to both public and private entities due to injuries, loss of life, damages and clean up costs, all as a result of explosions and spills from improper handling of volatile and toxic crude oil shipments. This bill would apply to crude oil stored at all bulk storage facilities in New York State and require financial security to meet all responsibilities for cleanup
S7718 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7718 I N S E N A T E June 2, 2014 ___________ Introduced by Sen. GRISANTI -- read twice and ordered printed, and when printed to be committed to the Committee on Environmental Conservation AN ACT to amend the environmental conservation law, in relation to global financial surety THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The environmental conservation law is amended by adding a new section 17-1019 to read as follows: S 17-1019 FINANCIAL SECURITY. 1. FOR THE PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL BE DEFINED AS FOLLOWS: A. "CLEANUP AND DECONTAMINATION" MEANS ACTIVITIES UNDERTAKEN TO PERMA- NENTLY ELIMINATE, REMOVE, ABATE, CONTROL OR MONITOR HEALTH AND/OR ENVI- RONMENTAL HAZARDS OR POTENTIAL HAZARDS. B. "CLEANUP AND DECONTAMINATION COSTS" MEAN ALL COSTS ASSOCIATED WITH THE CLEANUP AND DECONTAMINATION OF CONTAMINATION INCLUDING RELOCATION COSTS INCURRED BY THE STATE OR ITS POLITICAL SUBDIVISIONS OR THEIR AGENTS OR ANY PERSON WITH APPROVAL OF THE DEPARTMENT. C. "CONTAMINATION" MEANS ANY DAMAGE TO ANY PROPERTY OR THE ENVIRON- MENT, INCLUDING, BUT NOT LIMITED TO, A PUBLIC OR PRIVATE WATER SUPPLY, ANY THREAT TO PUBLIC HEALTH, OR ANY HAZARDOUS CONDITION THAT PREVENTS THE USE OF PROPERTY OR THAT REQUIRES RELOCATION OF PEOPLE OR PROPERTY TO PREVENT HARM RESULTING FROM THE RELEASE OF ANY SUBSTANCE. D. "ENVIRONMENT" MEANS ANY WATER INCLUDING, BUT NOT LIMITED TO, A STREAM, POND, LAKE, RIVER, WATER COURSE, AQUIFER, WETLAND, OR RESERVOIR, ANY LAND INCLUDING, BUT NOT LIMITED TO, A LAND SURFACE OR SUBSURFACE, AIR, FISH, WILDLIFE, BIOTA AND ALL OTHER NATURAL RESOURCES. 2. IN ADDITION TO ANY OTHER EXISTING REQUIREMENTS, THE DEPARTMENT SHALL REQUIRE ALL PETROLEUM BULK STORAGE FACILITIES THAT STORE BAKKEN CRUDE OIL OR BITUMEN CRUDE OIL TO PROVIDE FINANCIAL SECURITY TO MEET ALL RESPONSIBILITIES FOR CLEANUP AND DECONTAMINATION COSTS ASSOCIATED WITH THE RELEASE OF SUCH OIL. FINANCIAL SECURITY MAY BE EVIDENCED BY ONE OR A COMBINATION OF THE FOLLOWING METHODS ACCEPTABLE TO THE COMMISSIONER IN CONSULTATION WITH THE SUPERINTENDENT OF FINANCIAL SERVICES: EVIDENCE OF EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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