| (2) For expenses related to a leaking aboveground oil | storage facility, the deductible amount is determined | in accordance with the following schedule: |
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| capacity in gallons owned by |
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| 500,001 to 1,000,000 | 25,000 |
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| 1,000,001 to 1,500,000 | 40,000 |
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| greater than 1,500,000 | 62,500 |
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| (3) For facilities with both aboveground and | underground tanks when the source of the discharge can | not be determined or when the discharge is from both | types of tanks, the standard deductible is the | applicable amount under subparagraph (1) or (2), | whichever is greater. |
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| | Sec. A-2. Effective date. This Part takes effect 90 days after | adjournment of the First Regular Session of the 119th | Legislature. |
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| | Sec. B-1. Resolve 1999, c. 74, §7 is amended to read: |
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| | *Sec. 7. Report. Resolved: That no later than December 15, 1999, the | task force shall submit its report, together with any | recommendations for legislation, to the Joint Standing Committee | on Business and Economic Development. The Joint Standing | Committee on Business and Economic Development is authorized to | report out a bill during the Second Regular Session of the 119th | Legislature concerning the findings and recommendations of the | task force. |
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| | If the task force requires an extension of the reporting | deadline, it may apply to the Legislative Council, which may | grant the extension.; and be it further |
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| | Sec. B-2. Resolve 1999, c. 74, §8 is enacted to read: |
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| | Sec. 8.__Appropriation.__Resolved:__That the following funds are | appropriated from the General Fund to carry out the purposes of | this resolve. |
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