Get the free TNRCC Technical Guidance - Petroleum: Buying or Selling a Leaking Storage Tank Site
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This document provides guidance on the requirements and responsibilities associated with buying or selling properties with leaking storage tanks, including owner disclosure, tank registration, construction
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How to fill out tnrcc technical guidance
How to fill out TNRCC Technical Guidance - Petroleum: Buying or Selling a Leaking Storage Tank Site
01
Gather all relevant documentation related to the leaking storage tank site, including previous assessments and remediation efforts.
02
Ensure you have the TNRCC guidance document for reference throughout the filling process.
03
Complete the required forms meticulously, providing accurate descriptions of the site and any known contamination.
04
Attach supporting documents such as site maps, photographs, and sampling results.
05
Review your completed forms for accuracy and ensure all necessary signatures are included.
06
Submit the completed forms and documentation to the appropriate TNRCC office, following their submission guidelines.
Who needs TNRCC Technical Guidance - Petroleum: Buying or Selling a Leaking Storage Tank Site?
01
Potential buyers or sellers of properties involving leaking storage tank sites.
02
Environmental consultants assisting with the assessment of contaminated properties.
03
Real estate professionals conducting due diligence for transactions involving affected sites.
04
Regulatory agencies ensuring compliance with environmental laws during property transfers.
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People Also Ask about
What is the leaking underground storage tank tax?
The Federal LUST Tax refers to the Leaking Underground Storage Tank (LUST) tax, a federal excise tax of 0.1 cent per gallon imposed on motor fuels sold across the US. The revenue from this tax is allocated to the LUST Fund, which is dedicated to addressing and cleaning up leaks from underground storage tanks.
What are the major concerns of leaking underground storage tanks?
Tanks Can Leak Toxic Substances Underground storage tanks hold toxic material, such as gasoline and waste oil, which contain dangerous substances that can cause cancer and harm developing children. Chemicals in USTs can quickly move through soil and pollute groundwater.
What statute governs leaking underground storage tanks?
A complete version of the law that governs underground storage tanks is available in the U.S. Code, Title 42, Chapter 82, Subchapter IX .
What is the leaking underground storage tank tax?
The Federal LUST Tax refers to the Leaking Underground Storage Tank (LUST) tax, a federal excise tax of 0.1 cent per gallon imposed on motor fuels sold across the US. The revenue from this tax is allocated to the LUST Fund, which is dedicated to addressing and cleaning up leaks from underground storage tanks.
Are leaking underground storage tanks a threat to public health and environment?
These leaks can result from corrosion, improper installation, or operational failures. LUST sites can pose significant environmental and public health risks, including contamination of drinking water sources and soil.
What happens if your underground oil tank leaks?
A typical leaking underground storage tank scenario involves the release of a fuel product from an underground storage tank that can contaminate surrounding soil, groundwater, or surface waters, or affect indoor air spaces.
What is being done about leaking underground storage tanks and brownfields?
Federal Government Programs Each year, EPA awards brownfields grants to local governments, states, tribes, and non-profit organizations to assess and clean up brownfields, including those impacted by petroleum contamination.
How to prevent underground storage tank leaks?
Preventing Underground Storage Tank Leaks Conduct regular inspections. Identify potential problems before they lead to leaks. Implement a routine maintenance program. Choose the appropriate tank and piping materials. Properly locate USTs. Provide adequate training and oversight. Implement spill and leak response plans.
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What is TNRCC Technical Guidance - Petroleum: Buying or Selling a Leaking Storage Tank Site?
The TNRCC Technical Guidance - Petroleum: Buying or Selling a Leaking Storage Tank Site provides guidelines for handling transactions involving properties with leaking petroleum storage tanks. This includes assessing environmental impacts and ensuring compliance with regulatory requirements.
Who is required to file TNRCC Technical Guidance - Petroleum: Buying or Selling a Leaking Storage Tank Site?
Property buyers and sellers involved in real estate transactions that include leaking storage tank sites are required to file this guidance to disclose the environmental status of the property.
How to fill out TNRCC Technical Guidance - Petroleum: Buying or Selling a Leaking Storage Tank Site?
To fill out the guidance, involved parties should provide detailed information regarding the site's history, any known leaks, ongoing remediation efforts, and other relevant environmental data as specified in the TNRCC guidelines.
What is the purpose of TNRCC Technical Guidance - Petroleum: Buying or Selling a Leaking Storage Tank Site?
The purpose is to protect public health and the environment by ensuring that the history of leaking storage tanks is disclosed during property transactions and that proper remediation measures are taken.
What information must be reported on TNRCC Technical Guidance - Petroleum: Buying or Selling a Leaking Storage Tank Site?
The report must include information about the site location, details of the leaking storage tanks, assessment of environmental impacts, any cleanup efforts undertaken, and future management plans for the site.
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