H-4470.1 _______________________________________________
SUBSTITUTE HOUSE BILL 2670
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State of Washington 56th Legislature 2000 Regular Session
By House Committee on Agriculture & Ecology (originally sponsored by Representatives Delvin, Linville, G. Chandler and Hankins)
Read first time 02/01/2000. Referred to Committee on .
AN ACT Relating to financial assurance requirements for landfill disposal facilities; and amending RCW 70.95.215.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW 70.95.215 and 1985 c 436 s 1 are each amended to read as follows:
(1)
By July 1, 1987, each holder or applicant of a permit for a landfill disposal
facility issued under this chapter shall establish a reserve account or
other approved form of financial assurance to cover the costs of closing
the facility in accordance with state and federal regulations. The account
shall be designed to ensure that there will be adequate revenue or an
alternative funding mechanism available by the projected date of closure. A
landfill disposal ((facilities maintained on private property for the
sole use of the entity owning the site)) facility shall not be
required to establish a reserve account if, to the satisfaction of the
department, ((they)) the permit holder or applicant provides
another form of financial assurance adequate to comply with the requirements of
this section.
(2) By July 1, 1986, the department shall adopt rules under chapter 34.05 RCW to implement subsection (1) of this section. The department is not required to adopt rules pertaining to other approved forms of financial assurance to cover the costs of closing a landfill disposal facility. The rules shall include but not be limited to:
(a) Methods to estimate closure costs, including postclosure monitoring, pollution prevention measures, and any other procedures required under state and federal regulations;
(b) Methods to ensure that reserve accounts receive adequate funds, including:
(i) Requirements that the reserve account be generated by user fees. However, the department may waive this requirement for existing landfills if user fees would be prohibitively high;
(ii) Requirements that moneys be placed in the reserve account on a regular basis and that the reserve account be kept separate from all other accounts; and
(iii) Procedures for the department to verify that adequate sums are deposited in the reserve account; and
(c) Methods to ensure that other types of financial assurance provided in accordance with subsection (1) of this section are adequate to cover the costs of closing the facility.
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