H.R. 4577 (101st): Underground Storage Tank Assistance and Groundwater Protection Act

Introduced:
Apr 19, 1990 (101st Congress, 1989–1990)
Status:
Died (Referred to Committee) in a previous session of Congress

This bill was introduced on April 19, 1990, in a previous session of Congress, but was not enacted.

Introduced
Apr 19, 1990
 
Sponsor
Arlan Stangeland
Representative for Minnesota's 7th congressional district
Party
Republican
 
Full Title

To amend the Solid Waste Disposal Act to establish programs to provide loan guarantees and grants to small businesses for the closure, replacement, and upgrade of underground storage tanks and for the maintenance of release detection systems for such tanks, and for other purposes.

Summary

No summaries available.

 
Cosponsors
none
Committees

House Energy and Commerce

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


4/19/1990--Introduced.
Underground Storage Tank Assistance and Groundwater Protection Act - Amends the Solid Waste Disposal Act to authorize the Administrator of the Environmental Protection Agency to guarantee principal and interest on loans made to eligible small businesses for the closure, replacement, upgrade, and release detection of underground storage tanks.
Sets forth amounts and conditions of such guarantees.
Makes eligible for such guarantees persons owning up to 12 underground storage tanks.
Permits the Administrator, on a case-by-case basis, to allow persons owning up to 99 tanks to be eligible for such guarantees if they meet this Act's requirements and such assistance will increase environmental protection.
Permits the Administrator to make principal and interest payments on behalf of the borrower if:
(1) the borrower is unable to make such payment and it is in the public interest to continue the activity; and
(2) the probable net cost to the Government in making such payments would be less than that resulting from the borrower's default.
Authorizes the Administrator, in the event of a default by a borrower, to make payments in accordance with the guarantee.
Requires the Attorney General to recover payments from the defaulting borrower.
Authorizes the Administrator, for the same purposes for which loan guarantees may be made, to make grants to an eligible small business if:
(1) the business is an essential community service;
(2) at least three private lending institutions have declined to provide a loan for such purposes; and
(3) a significant threat to human health and the environment is present.
Sets forth limitations on the amounts of such grants.
Terminates the authority to make loan guarantees, grants, or payment contracts five years after this Act's enactment.
Permits the Administrator or a State to undertake corrective action with respect to threatened releases of petroleum from underground storage tanks.
Amends the Internal Revenue Code to make funds from the Leaking Underground Storage Tank Trust Fund available to carry out this Act.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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