Amend CSHB 2816 by adding a new SECTION to the bill to read as follows: SECTION _____. Chapter 26, Water Code, is amended by adding Subchapter L to read as follows: SUBCHAPTER L. UNDERGROUND PETROLEUM STORAGE TANK LOAN PROGRAM Sec. 26.481. LOANS TO REMOVE UNDERGROUND PETROLEUM STORAGE TANKS. (a) The commission by rule shall protect groundwater and surface water sources from contamination caused by leakage from underground petroleum storage tanks by establishing a program to loan money to a business that owns an underground petroleum storage tank to pay for the removal of the tank and for remediation of any harm to the environment attributable to leakage from the tank. The commission may make a loan under the program at a rate of interest determined under commission rules. (b) The commission by the loan contract with the borrower under the program shall condition each loan on the business permanently discontinuing business activities involving petroleum storage or sales. (c) The commission shall require an applicant for a loan to demonstrate that the applicant is not able to pay for the tank removal project with the applicant's resources and is not able to obtain a loan from a private lending institution. Rules of the commission must provide that an applicant must have been denied a loan for the tank removal project by at least two private lenders. (d) A loan the commission grants under the program constitutes a lien on the real property of the business in the amount of the loan. The commission may require additional security for a loan granted under the program. (e) The commission shall deposit money it receives as payment for principal of or interest on a loan granted under the program to the credit of the petroleum storage tank removal loan program account. Sec. 26.482. PETROLEUM STORAGE TANK REMOVAL LOAN PROGRAM ACCOUNT. (a) In this section: (1) "Account" means the petroleum storage tank removal loan program account. (2) "Program" means the underground petroleum storage tank loan program established under Section 26.481. (b) The account consists of: (1) money the legislature by law transfers into the account; (2) interest earned on money in the account; (3) payments of principle and interest on loans made under the program that are received by the commission; and (4) any other money deposited to the credit of the account. (c) The account is an account in the general revenue fund. The account is not subject to Section 403.095, Government Code. Interest on the money in the account shall be credited to the account. (d) Money in the account may be appropriated only for a purpose related to: (1) administration of the account; (2) providing a loan under the program; or (3) administering the program.