More About the Petroleum Fund?

Board Members

Petroleum Fund Statistices

Petroleum Fund CEM Cost Guidelines

State Per Diem Rates:

CEM Equipment & Materials Rates

Guidance: Soil Excavation & Petroleum⁽¹⁾
    Fund Reimbursement

The Petroleum "Fund" was initially implemented in 1989 by state legislation to assist owners and operators of regulated underground storage tanks in meeting the federal requirement for financial responsibility pursuant to Code of Federal Regulations (CFR) 40 CFR 280.90 through 280.99.

The Fund also allows voluntary enrollment of non-regulated petroleum storage tanks and automatically covers releases from residential heating oil tanks. The Fund provides reimbursement to the qualified storage tank owner/operators for corrective action costs associated with cleaning up petroleum product releases.

⁽¹⁾ Describes when regulatory concurrence is needed for excavation during initial abatement activities and when bidding is required for soil disposal in Northern Nevada.

Next Meeting — June 14, 2012

Carson City location: Legislative Counsel Bureau, 401 S. Carson St., Rm 2134 and,
Las Vegas location: Grant Sawyer Building, 555 E. Washington Ave., Rm 4406
Note: The deadlines for claims from 1998 and earlier are due April 10, 2012. The deadline for all other claims is April 25, 2012.