Amend CSHB 1567 as follows:
(1) On page 28 strike lines 11 to 27 and substitute:
Sec. 401.241. POSTCLOSURE CONTINGENCY FEE AND BOND. (a) The
department annually shall collect from the compact waste disposal
facility license holder a fee to be used to address and prevent
unplanned events that pose a risk to public health and safety that
occur after the compact waste disposal facility has been closed and
decommissioned.
(b) The department by rule shall set the fee under
Subsection (a) so that the aggregate amount of money in the
low-level radioactive waste fund, including interest earned on the
fees and payments from party states, will be $100 million on the
35th anniversary of the date the license is issued under this
subchapter. To the extent possible, the department shall ensure
that annual fees collected under Subsection (a) are approximately
equal.
(c) The department shall deposit a fee collected under
Subsection (a) to the credit of the low-level radioactive waste
fund.
(d) The department shall require the license holder
annually to post a bond to insure against closure and
decommissioning of the compact waste disposal facility before the
amount of money in the low-level radioactive waste fund reaches
$100 million. A bond under this subsection must be in an amount
that, when combined with the amount in the low-level radioactive
waste fund, is $100 million.
Sec. 401.2415. LIABILITY INSURANCE. The department shall
require the compact waste disposal facility license holder to carry
liability insurance.
(2) Strike SECTION 8 of the bill and insert the following:
SECTION 8. Section 402.275, Health and Safety Code, is
transferred to Subchapter F, Chapter 401, Health and Safety Code,
renumbered as Section 401.249, and amended to read as follows:
Sec. 401.249 [402.275]. LOW-LEVEL RADIOACTIVE WASTE FUND.
(a) The low-level radioactive waste fund is a trust fund outside
[in] the state treasury held by the comptroller as trustee.
(b) The low-level radioactive waste fund is an
interest-bearing fund. Interest earned on money in the fund shall
be deposited to the credit of the fund.
(c) The low-level radioactive waste fund consists of:
(1) postclosure contingency fees collected under
Section 401.241; and
(2) payments [Money received by the authority,
including waste disposal fees, planning and implementation fees,
surcharges on planning and implementation fees, processing and
packaging fees, civil penalties, payments] made by a party state to
a low-level radioactive waste compact entered into under Section
401.248(b) [402.219(c), and other receipts collected by the
authority under this chapter shall be deposited to the credit of the
low-level radioactive waste fund].
(d) Money [Except as provided by Subsection (f), money] in
the low-level radioactive waste fund may be used only to address and
prevent unplanned events that pose a risk to public health and
safety that may occur after decommissioning and closure of the
compact waste disposal facility [pay:
[(1) operating and maintenance costs of the authority;
[(2) future costs of decommissioning, closing, and
postclosure maintenance and surveillance of the disposal site;
[(3) licensing fees and to provide security required
by the commission;
[(4) money judgments rendered against the authority
that are directed by a court of this state to be paid from this fund;
[(5) expenses associated with implementation of the
rangeland and wildlife management plan;
[(6) funds for local public projects under Subchapter
I;
[(7) debt service and necessary fees and charges,
including insurance premiums and similar costs, associated with the
issuance and payment of bonds under Subchapter K; and
[(8) expenses for any other purpose under this
chapter].
(e) Section 403.095, Government Code, does not apply to the
low-level radioactive waste fund. [A payment for debt service and
related costs under Subsection (d)(7) has priority for payment from
the low-level radioactive waste fund over a payment for another
expense authorized by Subsection (d).]
(f) Every six years beginning on the third even-numbered
year after the date the license is issued under this subchapter, the
department shall evaluate the low-level radioactive waste fund to
determine whether the fund will be adequate to accomplish the
objectives under Subsection (d). The department shall report the
results of the evaluation to the governor, lieutenant governor, and
speaker of the house of representatives on or before December 15 of
the year in which the evaluation is conducted. [The authority may
transfer money from the low-level radioactive waste fund to the
radiation and perpetual care fund to make payments required by the
commission under Section 401.303.]