Environmental Assurance Fee

  1. Law
  2. US Virgin Islands Code
  3. Conservation
  4. Underground Storage Tanks
  5. Environmental Assurance Fee

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  • An Environmental Assurance Fee shall be established in such an amount, as may be determined by the Commissioner as sufficient to assure the funding of emergency, preventive, or corrective action necessary when human health or the environment is, or potentially may be, threatened by a release of regulated substances from a petroleum UST system, at a rate not to exceed two cents per gallon of motor fuel, sold or exchanged by a terminal operator, distributor or dealer.

    • (a) The fee shall be collected and deposited into the Virgin Islands Underground Storage Tank Trust Fund.

    • (b) The owner or operator of any petroleum UST shall maintain proof that he has paid the environmental assurance fee imposed under this section.


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