NOTE: The governor signed this measure on 5/8/2015.
      
      
      HOUSE BILL 15-1299
      
      
      BY REPRESENTATIVE(S) Hamner and Nordberg, Lontine, Mitsch Bush,
      Priola, Saine, Williams, Young;
      also SENATOR(S) Scott, Sonnenberg.
      
      
      Concerning use of the petroleum storage tank fund for
           incentives for significant operational compliance with
           regard to petroleum storage tanks.
       
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 8-20.5-103, amend
      (3.5) as follows:
      
           8-20.5-103.  Petroleum storage tank fund - petroleum cleanup
      and redevelopment fund - creation - rules - repeal. 
           (3.5) (a)  Moneys in the petroleum storage tank fund may be used as
      incentives to underground or aboveground storage tank owners and
      operators for significant operational compliance or to upgrade
      existing systems. The director of the division of oil and public safety
      shall promulgate rules to implement this subsection (3.5).
      
           (b)  For purposes of this subsection (3.5), "significant
      operational compliance" means that an owner or operator of an
      underground or aboveground storage tank is in full compliance
      with all of the requirements of this article and, through one or
      more best management practices that are not otherwise required,
      has prevented or reduced the threat of a release to the
      environment.
      
           SECTION 2.  Act subject to petition - effective date -
      applicability. (1)  This act takes effect at 12:01 a.m. on the day following
      the expiration of the ninety-day period after final adjournment of the
      general assembly (August 5, 2015, if adjournment sine die is on May 6,
      2015); except that, if a referendum petition is filed pursuant to section 1 (3)
      of article V of the state constitution against this act or an item, section, or
      part of this act within such period, then the act, item, section, or part will
      not take effect unless approved by the people at the general election to be
      held in November 2016 and, in such case, will take effect on the date of the
      official declaration of the vote thereon by the governor.
      
           (2)  This act applies to conduct occurring on or after the applicable
      effective date of this act.
      
      
      
      
      ________________________________________________________
      Dickey Lee Hullinghorst                Bill L. Cadman
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                      Cindi L. Markwell
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO