Ohio PUSTRCB Home Page...
Administrative Code...Appeals Process...Breaking News...Board Members...Claims Process...Common Questions...Contact Us...Financial Information...Forms & Applications...Hardship Program Information...Linked Deposits...Directions to Our Office If you Are In Columbus...Scheduled Board MeetingsMission Statement...Newsletter...How To Apply For Fund Coverage...Online Publications & Fund Facts...Ohio Revised Code...Rules Process...Facility Search...Staff Members...Browser Support Tools You May Need...

 

TANK FEE DECREASE FOR 2018

 

At its March meeting, the Board adopted an amendment to Ohio Administrative Code 3737-1-04 to reduce the annual Financial Assurance Fund fee from $400 per tank to $350 per tank for coverage at the standard $55,000 deductible. If adopted, this proposed rule change will also decrease the per-tank fee for coverage at the reduced $11,000 deductible from $600 per tank to $5500 per tank. The decrease will become effective for the 2018 program year (July 1, 2018 – June 30, 2019).


The Board’s Finance Committee recommended the reduction in the fee based upon a review of the Fund’s unobligated cash balance and the projected revenue and operating expenses over the next five years, including the amount of the estimated unpaid claim liability.
 

For more information about the proposed rule, or the rule making process, please contact the Board’s staff at (614) 752-8963 or (800) 224-4659.