SENATE BILL No. 404

 

 

June 4, 2013, Introduced by Senators BRANDENBURG, SCHUITMAKER, ROBERTSON, PAPPAGEORGE and MARLEAU and referred to the Committee on Finance.

 

 

 

     A bill to amend 1994 PA 451, entitled

 

"Natural resources and environmental protection act,"

 

by amending sections 11504, 11523, 11523a, 11525, and 11525b (MCL

 

324.11504, 324.11523, 324.11523a, 324.11525, and 324.11525b),

 

sections 11504 and 11523 as amended and section 11523a as added by

 

1996 PA 359, section 11525 as amended by 2003 PA 153, and section

 

11525b as added by 1996 PA 358.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 11504. (1) "Health officer" means a full-time

 

administrative officer of a certified city, county, or district

 

department of health.

 

     (2) "Inert material" means a substance that will not

 

decompose, dissolve, or in any other way form a contaminated

 

leachate upon contact with water, or other liquids determined by

 


the department as likely to be found at the disposal area,

 

percolating through the substance.

 

     (3) "Insurance" means insurance that conforms to the

 

requirements of 40 C.F.R. CFR 258.74(d) provided by an insurer who

 

has a certificate of authority from the Michigan commissioner

 

director of insurance and financial services to sell this line of

 

coverage. An applicant for an operating license shall submit

 

evidence of the required coverage by submitting both of the

 

following to the department:

 

     (a) A certificate of insurance that uses wording approved by

 

the department.

 

     (b) A certified true and complete copy of the insurance

 

policy.

 

     (4) "Landfill" means a disposal area that is a sanitary

 

landfill.

 

     (5) "Letter of credit" means an irrevocable letter of credit

 

that complies with 40 C.F.R. CFR 258.74(c).

 

     (6) "Medical waste" means that term as it is defined in part

 

138 section 13805 of the public health code, Act No. 378 of the

 

Public Acts of 1978, being sections 333.13801 to 333.13831 of the

 

Michigan Compiled Laws.1978 PA 368, MCL 333.13805.

 

     (7) "Municipal solid waste incinerator" means an incinerator

 

that is owned or operated by any person, and meets all of the

 

following requirements:

 

     (a) The incinerator receives solid waste from off site and

 

burns only household waste from single and multiple dwellings,

 

hotels, motels, and other residential sources, or this household

 


waste together with solid waste from commercial, institutional,

 

municipal, county, or industrial sources that, if disposed of,

 

would not be required to be placed in a disposal facility licensed

 

under part 111.

 

     (b) The incinerator has established contractual requirements

 

or other notification or inspection procedures sufficient to assure

 

ensure that the incinerator receives and burns only waste referred

 

to in subdivision (a).

 

     (c) The incinerator meets the requirements of this part and

 

the rules promulgated under this part.

 

     (d) The incinerator is not an industrial furnace as defined in

 

40 C.F.R. CFR 260.10.

 

     (e) The incinerator is not an incinerator that receives and

 

burns only medical waste or only waste produced at 1 or more

 

hospitals.

 

     (8) "Municipal solid waste incinerator ash" means the

 

substances remaining after combustion in a municipal solid waste

 

incinerator.

 

     (9) "Perpetual care fund" means a perpetual care fund provided

 

for in section 11525.

 

     (10) "Perpetual care fund bond" means a surety bond, an

 

irrevocable letter of credit, or a combination of these instruments

 

in favor of the department by which a perpetual care fund is

 

established.

 

     (11) (10) "Trust fund" means a trust fund held by a trustee

 

which has the authority to act as a trustee and whose trust

 

operations are regulated and examined by a federal or state agency.

 


A trust fund shall comply with section 11523b.

 

     Sec. 11523. (1) The department shall not issue a license to

 

operate a disposal area unless the applicant has filed, as a part

 

of the application for a license, evidence of the following

 

financial assurance:

 

     (a) Financial assurance established for a type III landfill or

 

a preexisting unit at a type II landfill and until April 9, 1997,

 

existing and new type II landfills shall be in the form of a bond

 

in an amount equal to $20,000.00 per acre of licensed landfill

 

within the solid waste boundary. However, the amount of the bond

 

shall not be less than $20,000.00 or more than $1,000,000.00. Each

 

bond shall provide assurance for the maintenance of the finished

 

landfill site for a period of 30 years after the landfill or any

 

approved portion is completed. In addition to this bond, a

 

perpetual care fund shall be maintained under section 11525.

 

     (b) Financial assurance for a type II landfill which that is

 

an existing unit or a new unit shall be in an amount equal to the

 

cost, in current dollars, of hiring a third party, to conduct

 

closure, postclosure maintenance and monitoring, and if necessary,

 

corrective action. An application for a type II landfill which that

 

is an existing unit or new unit shall demonstrate financial

 

assurance in accordance with section 11523a.

 

     (c) Financial assurance established for a solid waste transfer

 

facility, incinerator, processing plant, other solid waste handling

 

or disposal facility, or a combination of these utilized in the

 

disposal of solid waste shall be in the form of a bond in an amount

 

equal to 1/4 of 1% of the construction cost of the facility, but

 


shall not be less than $4,000.00, and shall be continued in effect

 

for a period of 2 years after the disposal area is closed.

 

     (2) The owner or operator of a landfill may post a cash bond

 

with the department instead of other bonding mechanisms to fulfill

 

the remaining financial assurance requirements of this section. A

 

minimum amount equal to the remaining financial assurance

 

requirement divided by the term of the operating license shall be

 

paid to the department prior to licensure. Subsequent payments to

 

the department shall be made annually in an amount equal to the

 

remaining financial assurance requirement divided by the number of

 

years remaining until the operating license expires, until the

 

required amount is attained. An owner or operator of a disposal

 

area who elects to post cash as a bond shall accrue interest on

 

that bond at the annual rate of 6%, to be accrued quarterly, except

 

that the interest rate payable to an owner or operator shall not

 

exceed the rate of interest accrued on the state common cash fund

 

for the quarter in which an accrual is determined. Interest shall

 

be paid to the owner or operator upon release of the bond by the

 

department. Any interest greater than 6% shall be deposited in the

 

state treasury to the credit of the general fund and shall be

 

appropriated to the department to be used by the department for

 

administration of this part.

 

     (3) An owner or operator of a disposal area that is not a

 

landfill who has accomplished closure in a manner approved by the

 

department and in accordance with this part and the rules

 

promulgated under this part, may request a 50% reduction in the

 

bond during the 2-year period after closure. At the end of the 2-

 


year period, the owner or operator may request that the department

 

terminate the bond. The department shall approve termination of the

 

bond within 60 days of such after the request provided is made if

 

all waste and waste residues have been removed from the disposal

 

area and that closure is certified.

 

     (4) The department may utilize a bond required under this

 

section for the closure and postclosure monitoring and maintenance

 

of a disposal area if the owner or operator fails to comply with

 

the closure and postclosure monitoring and maintenance requirements

 

of this part and the rules promulgated under this part to the

 

extent necessary to correct such violations. following issuance of

 

At least 7 days before utilizing the bond, the department shall

 

issue a notice of violation or other order by the department which

 

that alleges violation of this part and or rules promulgated under

 

this part and provides 7 days' notice and provide an opportunity

 

for a hearing. This subsection does not apply to a perpetual care

 

fund bond.

 

     (5) Under the terms of a surety bond, letter of credit, or

 

insurance policy, or perpetual care fund bond, the issuing

 

institution shall notify both the department and the owner or

 

operator at least 120 days before the expiration date or any

 

cancellation of the bond. If the owner or operator does not extend

 

the effective date of the bond, or establish alternate financial

 

assurance within 90 days after receipt of an expiration or

 

cancellation notice by from the issuing institution, the department

 

may draw on the bond.

 

     (6) The department shall not issue a construction permit or a

 


new license to operate a disposal area to an applicant that is the

 

subject of a bankruptcy action commenced under title 11 of the

 

United States Code, 11 U.S.C. USC 101 to 1330, 1532, or any other

 

predecessor or successor statute.

 

     (7) A person required under this section to provide financial

 

assurance in the form of a bond for a landfill may request a

 

reduction in the bond based upon the value amount of the perpetual

 

care fund established under section 11525. A person requesting a

 

bond reduction shall do so on a form consistent with this part as

 

prepared and provided by the department. The department shall grant

 

this request unless there are sufficient grounds for denial and

 

those reasons are provided in writing. The department shall grant

 

or deny a request for a reduction of the bond within 60 days after

 

the request is made. If the department grants a request for a

 

reduced bond, the department shall require a bond in an amount such

 

that for type III landfills, and type II landfills which that are

 

preexisting units, the amount of money in the perpetual care fund

 

plus the amount of the reduced bond equals the maximum amount

 

required in a perpetual care fund in section 11525(2).

 

     (8) The department shall release the bond required by this

 

section if the amount in of the perpetual care fund exceeds the

 

amount of the financial assurance required under subsection (1).

 

     (9) Prior to closure of a landfill, if money is disbursed from

 

the perpetual care fund, then the department may require a

 

corresponding increase in the amount of bonding required to be

 

provided if necessary to meet the requirement requirements of this

 

section.

 


     (10) If an owner or operator of a disposal area fulfills the

 

financial assurance requirements of this part by obtaining a bond,

 

including, but not limited to, a perpetual care fund bond, and the

 

surety company, insurer, trustee, bank, or financial or other

 

institution that issued or holds the bond becomes the subject of a

 

bankruptcy action or has its authority to issue or hold the bond or

 

to act as an escrow agent or trustee suspended or revoked, the

 

owner or operator shall, within 60 days after receiving notice of

 

that event, establish alternate financial assurance under this

 

part.

 

     Sec. 11523a. (1) Effective April 9, 1997, the department shall

 

not issue a license to operate a type II landfill unless the

 

applicant demonstrates that for any new unit or existing unit at

 

the facility, the combination of the perpetual care fund

 

established under section 11525, bonds required under section

 

11523, and the financial capability of the applicant as evidenced

 

by a financial test, provides financial assurance in an amount not

 

less than that required by this section. An applicant may utilize a

 

financial test for an amount up to, but not exceeding 70% of the

 

closure, postclosure, and corrective action cost estimate.

 

     (2) An applicant may demonstrate compliance with this section

 

by submitting evidence, with a form consistent with this part , as

 

prepared and provided by the department, that the applicant has

 

financial assurance for any existing unit or new unit in an amount

 

equal to or greater than the sum of the following standardized

 

costs:

 

     (a) A standard closure cost estimate. The standard closure

 


cost estimate shall be based upon the sum of the following costs in

 

1996 dollars, adjusted for inflation and partial closures, if any,

 

as specified in subsections (4) and (5):

 

     (i) A base cost of $20,000.00 per acre to construct a compacted

 

soil final cover using on-site material.

 

     (ii) A supplemental cost of $20,000.00 per acre, to install a

 

synthetic cover liner, if required by rules under this part.

 

     (iii) A supplemental cost of $5,000.00 per acre, if low

 

permeability soil must be transported from off-site to construct

 

the final cover or if a bentonite geocomposite liner is used in

 

lieu instead of low permeability soil in a composite cover.

 

     (iv) A supplemental cost of $5,000.00 per acre, to construct a

 

passive gas collection system in the final cover, unless an active

 

gas collection system has been installed at the facility.

 

     (b) A standard postclosure cost estimate. The standard

 

postclosure cost estimate shall be based upon the sum of the

 

following costs, adjusted for inflation as specified in section

 

11525(2):

 

     (i) A final cover maintenance cost of $200.00 per acre per

 

year.

 

     (ii) A leachate disposal cost of $100.00 per acre per year.

 

     (iii) A leachate transportation cost of $1,000.00 per acre per

 

year, if leachate is required to be transported off-site for

 

treatment.

 

     (iv) A groundwater monitoring cost of $1,000.00 per monitoring

 

well per year.

 

     (v) A gas monitoring cost of $100.00 per monitoring point per

 


year, for monitoring points used to detect landfill gas at or

 

beyond the facility property boundary.

 

     (c) The corrective action cost estimate, if any. The

 

corrective action cost estimate shall be a detailed written

 

estimate, in current dollars, of the cost of hiring a third party

 

to perform corrective action in accordance with this part.

 

     (3) In lieu Instead of using some or all of the standardized

 

costs specified in subsection (2), of this section, an applicant

 

may estimate the site specific costs of closure or postclosure

 

maintenance and monitoring. A site specific cost estimate shall be

 

a written estimate, in current dollars, of the cost of hiring a

 

third party to perform the activity. A third party is a party who

 

is neither a For the purposes of this subsection, a parent

 

corporation or a subsidiary of the owner or operator is not a third

 

party. Site specific cost estimates shall be based on the

 

following:

 

     (a) For closure, the cost to close the largest area of the

 

landfill ever requiring a final cover at any time during the active

 

life, when the extent and manner of its operation would make

 

closure the most expensive, in accordance with the approved closure

 

plan. The closure cost estimate may not incorporate any salvage

 

value that may be realized by the sale of structures, land,

 

equipment, or other assets associated with the facility at the time

 

of final closure.

 

     (b) For postclosure, the cost to conduct postclosure

 

maintenance and monitoring in accordance with the approved

 

postclosure plan for the entire postclosure period.

 


     (4) The owner or operator of a landfill subject to this

 

section shall, during the active life of the landfill and during

 

the postclosure care period, annually adjust the financial

 

assurance cost estimates and corresponding amount of financial

 

assurance for inflation. Cost estimates shall be adjusted for

 

inflation by multiplying the cost estimate by an inflation factor

 

derived from the most recent United States department of the

 

interior, bureau of reclamation composite index published by the

 

United States department of commerce or another index that is more

 

representative of the costs of closure and postclosure monitoring

 

and maintenance as determined appropriate by the department. The

 

owner or operator shall document the adjustment on a form

 

consistent with this part as prepared by the department and shall

 

place such the documentation in the operating record of the

 

facility.

 

     (5) The owner or operator of a landfill subject to this

 

section may request that the department authorize a reduction in

 

the approved cost estimates and corresponding financial assurance

 

for the landfill by submitting a form consistent with this part as

 

prepared and provided by the department certifying completion of

 

any of the following activities:

 

     (a) Partial closure of the landfill. The current closure cost

 

estimate for partially closed portions of a landfill unit may be

 

reduced by 80%, if the maximum waste slope on the unclosed portions

 

of the unit does not exceed 25%. The percentage of the cost

 

estimate reduction approved by the department for the partially

 

closed portion shall be reduced 1% for every 1% increase in the

 


slope of waste over 25% in the active portion. An owner or operator

 

requesting a reduction in financial assurance for partial closure

 

shall enclose with the request a certification under the seal of a

 

licensed professional engineer that certifies both of the

 

following:

 

     (i) A That a portion of the licensed landfill unit has reached

 

final grades and has had a final cover installed in compliance with

 

the approved closure plan and rules promulgated under this part.

 

     (ii) The maximum slope of waste in the active portion of the

 

landfill unit at the time of partial closure.

 

     (b) Final closure of the landfill. An owner or operator

 

requesting a cost estimate reduction for final closure shall submit

 

a certification under the seal of a licensed professional engineer

 

that closure of that landfill unit has been fully completed in

 

accordance with the approved closure plan for the landfill. Within

 

60 days of receiving a certification under this subsection, the

 

department shall perform a consistency review of the submitted

 

certification . If that review is approved, the department shall

 

and do 1 of the following:

 

     (i) Approve the certification and notify the owner or operator

 

that he or she may reduce the closure cost estimate by 100%. The

 

department shall provide within 60 days to zero.

 

     (ii) Disapprove the certification and provide the owner or

 

operator with a detailed written statement of the reasons why the

 

department has determined that closure certification has not been

 

conducted in accordance with this part, the rules promulgated under

 

this part, or an approved closure plan.

 


     (c) Postclosure maintenance and monitoring. The owner or

 

operator of a landfill unit who has completed final closure of the

 

unit may request a reduction in the postclosure cost estimate and

 

corresponding financial assurance for 1 year or more of postclosure

 

maintenance and monitoring if the landfill has been monitored and

 

maintained in accordance with the approved postclosure plan. The

 

department shall, within 60 days of receiving a cost estimate

 

reduction request grant written approval or issue a written denial

 

stating the reason for denial. The department shall grant the

 

request and the owner or operator may reduce the postclosure cost

 

estimate to reflect the number of years remaining in the

 

postclosure period unless the department provided in writing denies

 

the request and the written denial states that the owner or

 

operator has not performed the specific tasks consistent with this

 

part, rules promulgated under this part, and an approved plan.

 

     (6) The owner or operator of a landfill subject to this

 

section may request a reduction in the amount of one or more of the

 

financial assurance mechanisms in place. If the combined value of

 

the remaining financial assurance mechanisms equals the amount

 

required amount under section 11523a, under this section, the

 

department shall approve the request.

 

     (7) An owner or operator requesting that the department

 

approve a financial assurance reduction for performance of the

 

activities specified in subsection (5) or due to excess financial

 

assurance specified in subsection under subsection (5) or (6) shall

 

do so on a form consistent with this part as prepared and provided

 

by the department. The department shall grant written approval or,

 


within 60 days of receiving a financial assurance reduction

 

request, issue a written denial stating the reason for the denial.

 

     Sec. 11525. (1) The owner or operator of a landfill shall

 

establish and maintain a perpetual care fund for a period of 30

 

years after final closure of the landfill as specified in this

 

section. A perpetual care fund may be established as a trust, or an

 

escrow account, or a perpetual care fund bond and may be used to

 

demonstrate financial assurance for type II landfills under section

 

11523 and section 11523a.

 

     (2) Except as otherwise provided in this section, the owner or

 

operator of a landfill shall deposit into increase the amount of

 

his or her perpetual care fund 75 cents for each ton or portion of

 

a ton or 25 cents for each cubic yard or portion of a cubic yard of

 

solid waste that is disposed of in the landfill after June 17, 1990

 

. The deposits shall be made not less than semiannually until the

 

fund reaches the maximum required fund amount. As of July 1, 1996,

 

the maximum required fund amount is $1,156,000.00. This amount

 

shall be annually adjusted for inflation and rounded to the nearest

 

thousand. The department shall adjust the maximum required fund

 

amount for inflation annually by multiplying the amount by an

 

inflation factor derived from the most recent bureau of reclamation

 

composite index published by the United States department of

 

commerce or another index more representative of the costs of

 

closure and postclosure monitoring and maintenance as determined

 

appropriate by the department. Increases to the amount of a

 

perpetual care fund required under this subsection shall be

 

calculated based on solid waste disposed of in the landfill as of

 


the end of the state fiscal year and shall be made within 30 days

 

after the end of each state fiscal year.

 

     (3) The owner or operator of a landfill that is used for the

 

disposal of the following materials shall deposit into increase the

 

amount of the perpetual care fund 7.5 cents for each ton or cubic

 

yard or portion of a ton or cubic yard of the following materials

 

that are disposed of in the landfill after June 17, 1990:

 

     (a) Coal ash, wood ash, or cement kiln dust that is disposed

 

of in a landfill that is used only for the disposal of coal ash,

 

wood ash, or cement kiln dust, or a combination of these materials,

 

or that is permanently segregated in a landfill.

 

     (b) Wastewater treatment sludge or sediments from wood pulp or

 

paper producing industries that is disposed of in a landfill that

 

is used only for the disposal of wastewater treatment sludge and

 

sediments from wood pulp or paper producing industries, or that is

 

permanently segregated in a landfill.

 

     (c) Foundry sand or other material that is approved by the

 

department for use as daily cover at an operating landfill, that is

 

disposed of in a landfill that is used only for the disposal of

 

foundry sand, or that is permanently segregated in a landfill.

 

     (4) The owner or operator of a landfill that is used only for

 

the disposal of a mixture of 2 or more of the materials described

 

in subsection (3)(a) to (c) or in which a mixture of 2 or more of

 

these materials are permanently segregated shall deposit into

 

increase the amount of the perpetual care fund 7.5 cents for each

 

ton or cubic yard or portion of a ton or cubic yard of these

 

materials that are disposed of in the landfill after July 1, 1996.

 


     (5) Money is not required to be deposited into The amount of a

 

perpetual care fund is not required to be increased for materials

 

that are regulated under part 631.

 

     (6) The owner or operator of a landfill may contribute

 

additional amounts into increase the amount of the perpetual care

 

fund above the amount otherwise required by this section at his or

 

her discretion.

 

     (7) The custodian of a perpetual care fund shall be a bank or

 

other financial institution that has the authority to act as a

 

custodian and whose account operations are regulated and examined

 

by a federal or state agency. Until the perpetual care fund reaches

 

the maximum required fund amount, the custodian of a perpetual care

 

fund shall credit any interest and earnings of the perpetual care

 

fund to the perpetual care fund. However, upon the direction of the

 

owner or operator, the custodian may utilize the interest and

 

earnings of the perpetual care fund to pay the solid waste

 

management program administration fee or the surcharge required by

 

section 11525a for the landfill for which the perpetual care fund

 

was established. After the perpetual care fund reaches the maximum

 

required fund amount, any interest and earnings shall be

 

distributed as directed by the owner or operator. The agreement

 

governing the operation of the perpetual care fund shall be

 

executed on a form consistent with this part as prepared and

 

provided by the department. The custodian may be compensated from

 

the fund for reasonable fees and costs incurred for his or her

 

responsibilities as custodian. The Not more than 60 days after the

 

end of each state fiscal year, the custodian of a perpetual care

 


fund established as a trust or escrow account shall annually make

 

an accounting to the department within 30 days following of the

 

perpetual care fund as of the close of the state fiscal year.

 

     (8) The custodian of a perpetual care fund shall not disburse

 

any funds to the owner or operator of a landfill for the purposes

 

of the perpetual care fund except upon the prior written approval

 

of the department. However, the custodian shall ensure the filing

 

of all required tax returns for which the perpetual care fund is

 

liable and shall disburse funds to pay lawfully due taxes owed by

 

the perpetual care fund without permission of the department. , and

 

may disburse interest and earnings of the perpetual care fund to

 

pay the solid waste management program administration fee or the

 

surcharge required by section 11525a as provided in subsection (7).

 

The owner or operator of the landfill shall provide notice of

 

requests for disbursement and denials and approvals to the

 

custodian of the perpetual care fund. Requests for disbursement

 

from a perpetual care fund shall be submitted not more frequently

 

than semiannually. The owner or operator of a landfill may request

 

disbursement of funds from a perpetual care fund whenever the

 

amount of money in the fund exceeds the maximum required fund

 

amount. The department shall approve the disbursement provided if

 

the total amount of financial assurance maintained meets the

 

requirements of sections 11523 and 11523a. As used in this

 

subsection, "maximum required fund amount" means:

 

     (a) For those landfills containing only those materials

 

specified in subsection (3), an amount equal to 1/2 of the maximum

 

required fund amount specified in subsection (2).

 


     (b) For all other landfills, an amount equal to the maximum

 

required fund amount specified in subsection (2).

 

     (9) If the owner or operator of a landfill refuses or fails to

 

conduct closure, postclosure monitoring and maintenance, or

 

corrective action as necessary to protect the public health,

 

safety, or welfare, or the environment or fails to request the

 

disbursement of money from a perpetual care fund when necessary to

 

protect the public health, safety, or welfare, or the environment,

 

or fails to pay the solid waste management program administration

 

fee or the surcharge required under section 11525a, then the

 

department may require the disbursement of money from draw on the

 

perpetual care fund and may expend the money for closure,

 

postclosure monitoring and maintenance, and corrective action, as

 

necessary. The department may assess draw on a perpetual care fund

 

for administrative costs associated with actions taken under this

 

subsection.

 

     (10) Upon approval by the department of a request to terminate

 

financial assurance for a landfill under section 11525b, any money

 

in the perpetual care fund for that landfill shall be disbursed by

 

the custodian to the owner of the landfill unless a contract

 

between the owner and the operator of the landfill provides

 

otherwise.

 

     (11) The owner of a landfill shall provide notice to the

 

custodian of the perpetual care fund for that landfill if there is

 

a change of ownership of the landfill. The custodian shall maintain

 

records of ownership of a landfill during the time in which a

 

period of existence of the perpetual care fund. is established.

 


     (12) This section does not relieve an owner or operator of a

 

landfill of any liability that he or she may have under this part

 

or as otherwise provided by law.

 

     (13) This section does not create a cause of action at law or

 

in equity against a custodian of a perpetual care fund other than

 

for errors or omissions related to investments, accountings,

 

disbursements, filings of required tax returns, and maintenance of

 

records required by this section or the applicable perpetual care

 

fund.

 

     (14) As used in this section, "custodian" means the trustee or

 

escrow agent of a perpetual care fund that is established as a

 

trust or escrow account, or the issuing institution of a perpetual

 

care fund bond.

 

     (15) A trust or escrow account established as a perpetual care

 

fund may be replaced with a perpetual care fund bond that complies

 

with this section and, upon such replacement, the director shall

 

authorize the custodian of the trust or escrow account to disburse

 

the money in the trust or escrow account to the owner of the

 

landfill unless a contract between the owner and operator of the

 

landfill specifies otherwise.

 

     (16) An owner or operator of a landfill who uses a perpetual

 

care fund bond to satisfy the requirements of this section shall

 

also establish a standby trust. All payments made under the terms

 

of the perpetual care fund bond shall be deposited by the custodian

 

directly into the standby trust in accordance with instructions

 

from the director. The standby trust must meet the requirements for

 

a trust established as a perpetual care fund under subsection (1),

 


except that until the standby trust is funded pursuant to the

 

requirements of this subsection, the following are not required:

 

     (a) Payments into the standby trust as specified in subsection

 

(2).

 

     (b) Annual accounting valuations as required in subsection

 

(7).

 

     Sec. 11525b. (1) The owner or operator of a disposal area

 

shall provide continuous financial assurance coverage until

 

released from these requirements by the department under the

 

provisions of this part.

 

     (2) The owner or operator of a landfill who has completed

 

postclosure maintenance and monitoring of the landfill in

 

accordance with this part, rules promulgated under this part, and

 

approved postclosure plan may request that financial assurance

 

required by sections 11523 and 11523a be terminated. A person

 

requesting termination of bonding and financial assurance shall

 

submit to the department a statement that the landfill has been

 

monitored and maintained in accordance with this part, rules

 

promulgated under this part, and the approved postclosure plan for

 

the postclosure period specified in section 11523 and shall certify

 

that the landfill is not subject to corrective action under section

 

11515. Within 60 days of receiving a statement under this

 

subsection, the department shall perform a consistency review of

 

the submitted statement , and if approved, shall and do 1 of the

 

following:

 

     (a) Approve the statement, notify the owner or operator that

 

he or she is no longer required to maintain financial assurance,

 


shall return or release all financial assurance mechanisms, and,

 

shall if the perpetual care fund is established as a trust or

 

escrow account, notify the custodian of the perpetual care fund

 

that money from the fund shall be disbursed as provided in section

 

11525(10). The department shall provide within 60 days

 

     (b) Disapprove the statement and provide the owner or operator

 

with a detailed written statement of the reasons why the department

 

has determined that postclosure maintenance and monitoring and

 

corrective action, if any, have not been conducted in accordance

 

with this part, the rules promulgated under this part, or an

 

approved postclosure plan.