A. Sections 301 through 348.9 of this title shall be known and may be cited as the "Oklahoma Petroleum Storage Tank Consolidation Act".

B. For the purposes of implementing the Oklahoma Petroleum Storage Tank Consolidation Act, there is hereby recognized the Oklahoma Petroleum Storage Tank Program administered by the Petroleum Storage Tank Division of the Oklahoma Corporation Commission.

C. The Petroleum Storage Tank Division shall maintain, operate and administer the Oklahoma Petroleum Storage Tank Program and shall include, but not be limited to, regulatory compliance activities, enforcement of rules promulgated to implement regulatory programs, technical review, development and approval of corrective action plans and determinations that remediation of contaminated sites is complete.

D. The Petroleum Storage Tank Division shall maintain, operate and administer the Petroleum Storage Tank Indemnity Fund (Indemnity Fund) and shall include, but not be limited to, processing, reviewing and paying claims for corrective action costs resulting from a release of regulated substances and mitigate environmental, health and safety threats to the public. The Administrator of the Indemnity Fund shall maintain, operate and administer the Indemnity Fund, and process, review and pay claims to those individuals deemed eligible for reimbursement for corrective action at eligible petroleum release sites.

E. The Petroleum Storage Tank Division shall maintain, operate and administer an inspection program for facilities that store or dispense Commission-regulated substances for the purpose of determining whether such products comply with the specifications, requirements, rules and orders of the Corporation Commission and the laws of the state.

F. The Petroleum Storage Tank Division shall maintain, operate and administer a program for the regulation of antifreeze sold or held with the intent to sell within the state for the purpose of determining whether such products comply with the specifications, requirements, rules and orders of the Corporation Commission and the laws of the state.

Added by Laws 1989, c. 90, § 1, emerg. eff. April 21, 1989. Amended by Laws 1993, c. 344, § 1, emerg. eff. June 9, 1993; Laws 1998, c. 375, § 7, emerg. eff. June 9, 1998; Laws 2018, c. 27, § 1, eff. Nov. 1, 2018; Laws 2019, c. 82, § 1, eff. July 1, 2019.