A. An annual permit fee of not more than Twenty-five Dollars ($25.00) per tank shall be assessed by the Corporation Commission upon each owner or operator of a storage tank system for regulated substances. Such fee shall be assessed upon each storage tank or storage tank compartment owned or operated by such owner or operator whether in use or not.
B. Failure to pay the fees required by subsection A of this section shall subject an owner or operator of a storage tank system to:
1. A penalty of fifty percent (50%) of the computed total fee due and owing by such owner and operator; or
2. Storage tank system shutdown, suspension or nonrenewal of the permit to operate such system issued by the Commission until payment of such fees or penalty, or both, so assessed; or
3. All such penalty, shutdown of storage tank system and permit suspension or nonrenewal.
Added by Laws 1991, c. 181, § 9, eff. July 1, 1991. Amended by Laws 1993, c. 344, § 7, emerg. eff. June 9, 1993; Laws 1998, c. 375, § 15, emerg. eff. June 9, 1998; Laws 2018, c. 27, § 9, eff. Nov. 1, 2018.