Underground Storage Tank Program: Hearing Before the Subcommittee on Transportation and Hazardous Materials of the Committee on Energy and Commerce, House of Representatives, One Hundred Second Congress, First Session, March 20, 1991, Τόμος 4

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Σελίδα 41 - No county, city, town or village shall hereafter give any money or property, or loan its money or credit to or in aid of any individual, association or corporation, or become directly or indirectly the owner of stock in, or bonds of, any association or corporation; nor shall any such county, city, town or village be allowed to incur any indebtedness except for county, city, town or village purposes.
Σελίδα 41 - The credit of the State shall not, in any manner, be given or loaned to, or in aid of, any individual, association or corporation.
Σελίδα 281 - Deep Seabed Revenue Sharing Trust Fund (a) CREATION OF TRUST FUND. - There is established in the Treasury of the United States a trust fund to be known as the 'Deep Seabed Revenue Sharing Trust Fund...
Σελίδα 194 - For many years, industrial and other commercial entitles have stored heating oil. gasoline, solvents and other chemicals In tanks located beneath the ground. In recent years It has become apparent that many of these tanks have leaked. Congress responded to public concern about this problem by requiring EPA to regulate underground storage tanks. The regulations Impose construction. Installation, leak monitoring, insurance and financial responsibility requirements for underground tanks. Additionally....
Σελίδα 195 - As used in this subsection, the term "owner" does not include any person who, without participating in the management of an underground storage tank and otherwise not engaged in petroleum production, refining, and marketing, holds indicia of ownership primarily to protect the owner's security interest in the tank. (10) DEFINITION OF EXPOSURE ASSESSMENT. — As used in this subsection, the term "exposure assessment...
Σελίδα 281 - Trust Fund' (hereinafter in this section referred to as the 'Trust Fund'), consisting of such amounts as may be appropriated or credited to the Trust Fund as provided in this section. (b) TRANSFER TO TRUST FUND OF AMOUNTS EQUIVALENT TO CERTAIN TAXES.
Σελίδα 193 - Some marketers have reported that their banks are requiring a "state of the art" environmental audit that includes, among other things, tests for metal contaminants and a fullspectrum hazardous waste evaluation. A complete environmental audit can cost up to $10,000 or more per site. An often cited obstacle to financing is the existence, or fear of existence, of contamination on the premises, for which the lender could be held responsible. Historical delivery practices, in which small amounts of product...
Σελίδα 195 - Under both statutes, the term "liability" is defined identically as "the standard of liability which obtains under section 311 of the Federal Water Pollution Control Act." (See 42 USC 6991b(hX6XA) (LUST Trust Fund) and 42 USC 9601(32) (Superfund).) Looking first to Superfund, which was hastily passed in 1980, the bill that actually became law had virtually no legislative history to accompany it.
Σελίδα 283 - ... evidence of financial responsibility for taking corrective action and compensating third parties for bodily injury and property damage caused by sudden and nonsudden accidental releases arising from operating an underground storage tank.
Σελίδα 196 - January, 1991). The ruling handed down in this case established a greatly expanded theory of secured lender liability under Superfund. It held that the lender "crossed the line" if its involvement in management "is sufficiently broad to support the inference that it could affect hazardous waste disposal decisions if it so chose." While the court held that some level of actual participation by a security holder is required to abrogate the exemption, the court's opinion did not discuss what level of...

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