LD 1626
pg. 7
Page 6 of 12 An Act to Establish the Waste Motor Oil Disposal Site Remediation Program Page 8 of 12
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LR 2819
Item 1

 
the final remedy selection, total response costs and response costs
for each waste motor oil disposal site.

 
A.__When the board finds that a substantially final
determination of those costs for a waste motor oil disposal
site has been made, the board shall determine those costs
for that waste motor oil disposal site that represent the
collective share of those persons eligible under subsection
7 to have their share of those costs for the waste motor oil
disposal site paid from the proceeds of revenue obligation
securities.

 
B.__The board shall then issue to the authority the board's
certificate of determination setting forth the amount of:

 
(1)__The eligible response costs paid or to be paid
with respect to that waste motor oil disposal site;

 
(2)__The total eligible response costs with respect to
that waste motor oil disposal site to be paid from the
proceeds of revenue obligation securities;

 
(3)__The proceeds of the revenue obligation securities
to be paid to or on behalf of the Department of
Environmental Protection; and

 
(4)__The proceeds of the revenue obligation securities
to paid to or on behalf of the United States
Environmental Protection Agency.

 
C.__The board may issue to the authority no more than one
supplemental certificate of determination with respect to a
waste motor oil disposal site that may provide for the
payment from the proceeds of additional revenue obligation
securities of an amount equal to no more than 10% of the
amount of costs initially certified to the authority for
that waste motor oil disposal site.__The board is not
authorized to issue more than 2 certificates of
determination to the authority for a waste motor oil
disposal site.

 
5.__Eligibility.__For purposes of this section, "person" means
any natural person, corporation, partnership or other entity
identified as a responsible party at a waste motor oil disposal
site.__The following persons who contributed waste motor oil to a
waste motor oil disposal site and who have been designated by the
Department of Environmental Protection or the United States
Environmental Protection Agency as responsible parties with
respect to any of the waste motor oil disposal sites are eligible
to have their share of response costs and total


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