Terminal owners and operators must get state certificates showing they can cover spill costs, with initial applications due by March 31, 2027, at the latest.
Oregon fuel terminal owners and operators must show they can cover potential spill costs, including cleanup, fire damage, and harm to natural resources. The state must set coverage amounts based on risk, up to a $300 million cap.
State rules must explain how terminals can prove they can pay for spill costs and how the state can enforce the certificate requirement. Local governments may not require extra or higher coverage.
Terminal owners and operators must get and maintain a certificate showing they can cover potential spill costs. This applies to owners and operators of bulk oil or liquid fuel terminals in Oregon. The Environmental Quality Commission must set minimum coverage amounts based on terminal risks, potential spill costs, available coverage, and requirements in other jurisdictions. The rules may not require more than $300 million in coverage. The Department of Environmental Quality may not adjust that cap before January 1, 2030. Terminals operating when the law took effect must apply by a deadline set in rules, no later than March 31, 2027. Certificates must be renewed every three years and when terminal ownership or the certificate holder changes.
The commission must set rules for proving coverage and enforcing the certificate requirement. These rules cover Oregon bulk oil or liquid fuel terminals and local governments. Self-insurance rules must require a solvency or credit test, quarterly reports, and a guarantee for the required amount. The state rules may restrict or suspend terminal operations and impose daily penalties for operating without a certificate. Local governments may not require extra or higher coverage.
No hearings or votes scheduled.