Fiscal impact
reports (FIRs) are prepared by the Legislative
Finance Committee (LFC) for standing finance committees of the NM Legislature. The
LFC does not assume responsibility for the accuracy of these reports if they
are used for other purposes.
Current FIRs (in HTML & Adobe PDF formats) are available on the
NM Legislative Website (legis.state.nm.us). Adobe PDF versions include all attachments,
whereas HTML versions may not. Previously
issued FIRs and attachments may also be obtained from
the LFC in
SPONSOR |
Altamirano |
DATE TYPED |
|
HB |
|
||
SHORT
TITLE |
Corrective Action Fund Expenditures |
SB |
55 |
||||
|
ANALYST |
Koplik |
|||||
APPROPRIATION
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
||
FY04 |
FY05 |
FY04 |
FY05 |
||
|
$2,139.7 |
|
|
Recurring |
OSF |
|
|
|
|
|
|
Duplicates HB 19
Relates to General Appropriation Act. See Narrative.
REVENUE
Estimated Revenue |
Subsequent Years Impact |
Recurring or
Non-Rec |
Fund Affected |
|
FY04 |
FY05 |
|||
|
($2,139.7) |
|
Recurring |
Corrective
Action Fund |
|
$1,500.0 |
|
Recurring |
Federal
Funds |
|
|
|
|
|
LFC Files
Response
Received From
Environment Department
SUMMARY
Synopsis of Bill
Senate Bill 55 amends the Groundwater Protection
Act to appropriate up to 30% of the annual distributions to the Corrective
Action Fund to the Environment Department for the administration of programs
focusing on water quality.
Significant Issues
The Corrective Action Fund (Fund) was created to
provide funding to clean up pollution from leaking petroleum storage tank
systems, particularly at retail gasoline stations. The Fund also provides federally-required
financial assurance coverage for tank owners and operators so they do not have
to secure private insurance to cover the liability created by their business
practices. Financial assurance coverage
for owners and operators will continue under this bill and leaks from underground
and aboveground petroleum storage tanks will continue to be cleaned up. The chart below shows the trends in revenues
and expenditures, and describes how this bill will support ongoing program
efforts.
FISCAL IMPLICATIONS
The appropriation of up to 30% of the annual distributions
to the Corrective Action Fund is recurring.
Any unexpended or unencumbered balance remaining at the end of each
fiscal year shall not revert. At the 30%
level, this increase will generate an additional $2,139.7 for the Department,
for a total of $5,383.4, from the Fund.
If this bill is
enacted, the general fund appropriation in the proposed General Appropriation
Act. for the Environment Department would decrease by
$497.9 thousand for FY05. Further, the Department
would not request an increase in general fund dollars in the immediate
future. With these dollars,
approximately 70 vacant positions in the department will be filled, and program
clear up efforts substantially enhanced.
Further, as discussed below, the additional $2.13 million from the Fund
will generate approximately $1.5 million in federal funds on a recurring basis.
This
bill would allow the department to distribute corrective action funds in
multiple bureaus for the purpose of protecting the state’s limited water
resources. Currently about $18 million is distributed to the Corrective Action
Fund annually.
Under
this proposal, at least 70% ($12.6 million) would continue to be used for
cleaning up petroleum leaks and up to $5.4 million would be used for other
Environment Department programs with a focus on water quality.
Under
the proposed General Appropriation Act, $3.24 million from the Corrective
Action Fund has been
appropriated to the Environment Department for FY05 operating costs. The
additional $2,139.7 of the new funding proposed by this bill would be
distributed throughout the department in the following manner:
Ground Water Bureau $386.3
(funds inspectors and enforcement)
Surface Water Bureau $161.9
(funds the Operators Certification
Program)
Drinking Water Bureau $370.4
(match for $1.2m federal grant,
Public Water Supply
Supervision)
Field Operations Division $793.8
(funds multiple vacant inspector
positions
for the
Hazardous Waste Bureau $121.0
(match for multiple federal
grants)
Environmental Protection Division $306.3
(funds vacant positions in OSHA
& Solid Waste Bureaus)
TOTAL $2,139.7
The proposed amendment
requests up to 30% in increased distributions from the Fund to attain a
consistent level of funding from the Legislature every year regardless of the
amount collected into the Fund. The Department will still need budget
adjustment request language in order to access this revenue.
FEDERAL FUNDS MATCH
The appropriation of $2.13 million will leverage approximately $1.5 million of federal dollars as outlined below:
The proposed $121 thousand increase requested for the department’s FY05 budget is sought to leverage greater federal funds received through the Resource Conservation and Recovery Act (RCRA). A 25% state match is required and the $121 thousand will leverage more than $360 thousand of federal monies, which will nearly double the 56 annual inspections at non-permitted
facilities to 100 annual inspections. This increase will promote better handling of hazardous waste and enhance the program of pollution prevention through outreach activities. The proposed additional funds will be for compliance, inspections and administrative costs at hazardous waste generator facilities.
The Public Water
Supervision Grant (PWSS) is a federal grant provided under the Safe Drinking
Water Act to ensure that drinking water systems in
ADMINISTRATIVE IMPLICATIONS
The Environment
Department has the resources to effectively administer this increase in dollars
and program functions.
The Environment Department states that it will
be better able to meet its mandates to protect the environment by enactment of this
bill, which would make Corrective Action Fund monies available to fund other,
chronically under-funded programs. Approximately
70 vacancies in the Department will be filled if the bill passes, increasing
water quality protection and allowing it to better meet its performance
measures with respect to all water quality programs. Clean up of contamination from leaking storage
tanks will continue under the proposed legislation, and the Department will
continue to meet its performance targets.
OTHER SUBSTANTIVE ISSUES
Petroleum
Products Loading Fee
The
costs associated with cleaning up petroleum spills can be high, and a conservative
leak rate is 35%. Approximately 800
remediation projects are underway, and most last several years. The fee currently levied is 1.875 cents per
gallon. Gas tankers usually carry 8,000
gallons per load, and hence pay $150 per load.
The Environment Department receives 73.33% of this fee, or $110 per
load. The remaining 26.67% or $40 goes
to the Local Government Road Fund.
The
petroleum products loading fee is graduated, according to the amount of unobligated funds
certified by the cabinet secretary every year.
In November 2003, there was $4.28 million of unobligated
revenue in the Fund. The following table
shows information related to the Fund.
Unobligated cash in Corrective Action Fund Fee/tank
of 8000 gallons
$0-$6
million |
$150 ($110 to NMED) |
$6-12
million |
$120 ($80
to NMED) |
$12-18
million |
$80 ($40
to NMED) |
Over
$18 million |
$40 ($0
to NMED) |
Site
Prioritization
The
Petroleum Storage Tank Bureau prioritizes leaking storage tank sites based on
the effect or potential effect on public health, safety and welfare or the
environment, and approves corrective action based on priority.
A
site is considered first, or the
highest, priority when a water
supply has been contaminated or is at imminent risk of becoming contaminated,
or when toxic or explosive vapors are present. These sites require immediate
and aggressive attention.
Second priority sites have non-aqueous phase liquid
(gasoline or diesel in most cases, also called product) or
contaminant-saturated soil on site.
Product and contaminant-saturated soil are an ongoing source for
groundwater contamination and toxic and explosive vapors. Aggressive remediation of these sites is
required.
Third priority sites have soil and/or groundwater
contamination that does not pose an imminent threat to human health, safety and
welfare or the environment, but require some level of corrective action in
order to mitigate all potential risk.
The
department also ranks sites within the priority groups based on the size and
severity of the contaminant plume and the potential impact on receptors such as
drinking water supply wells
RLG/lg