| | PAPower: GOVERNOR RENDELL VETOES HOUSE BILL 1195 |
 | | Current law provides that the purpose of the USTIF is to prevent pollution by reimbursing storage tank owners for removing regulated substances from substandard underground storage tanks and sealing these tanks. |
 | | Removal of funds for any purpose other than those approved when the annual actuarial review is conducted could lead to the USTIF being under-funded, potentially resulting in increased fees for underground storage tank owners and decreased funding for other programs funded at USTIF’s discretion. |
 | | To ensure there is no disruption in other USTIF programs, and to meet the requirements of House Bill 1195 should it become law, the USTIF Board may have to increase assessments on gasoline and diesel fuel, which will be borne by the tank owners, operators, installers and, ultimately, the public through increased fuel costs. |
| www.state.pa.us /papower/cwp/view.asp?A=11&Q=454527 (618 words) |