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The Petroleum Storage Tank Fund balance has surpassed $3 million since November 2016, so OPS notified the Department of Revenue to lower the Environmental Response Surcharge (ERS) from $100 to $75 in accordance with Section 8-20-206.5 of the Petroleum Storage Tank Statutes.
This reduced ERS is in effect as of April 1, 2017.
More information about the ERS is available on the Petroleum Storage Tank Fund page.
As of January 1, 2017, the Petroleum Program has the authority to use moneys in the Petroleum Storage Tank Fund to provide underground or aboveground storage tank owners and operators who maintain significant operational compliance with incentives in the form of reduced deductibles when upgrading existing tank systems in response to a release.
View the Incentive Program Overview document for more details about how to apply.
OPS is pleased to announce that Recognized Environmental Professionals (REPs) will replace Individual Listed Consultants effective January 1, 2018. The REP designation will better align decision-making responsibility between OPS, environmental consultants and responsible parties by identifying environmental consultants who can demonstrate decision-making experience on environmental characterization and remediation projects.
Read the fact sheet below for more information about this change.
Funding is now available to help revitalize petroleum storage tank properties that are not eligible for reimbursement from the Petroleum Storage Tank Fund! Visit the Petroleum Brownfields Program page for more details.
The current five-year limit to submit costs for reimbursement will be reduced to three years beginning with applications received after January 1, 2018.
This limit will be further reduced to two years beginning with applications received after January 1, 2020.
Contact Jane Bral at 303-318-8510 or email@example.com if you have any questions.