IN Fund Improvements Proposed in SB 255

Proposed Legislation to Improve Processing Time for CAPs and Claims in Indiana

Indiana Senate Bill 255 proposes to accelerate and increase the number of claim payments from the Excess Liability Trust Fund (ELTF). The bill also calls for a 90-day review period for IDEM to approve or deny a Corrective Action Plan (CAP). This provision could greatly improve the current CAP approval process, which can be unreasonably long and cause reimbursement delays. 

If the measure is adopted, the ELTF claimant cap will be increased to $10 million per fiscal year, up from $3 million for owners or operators of more than 100 USTs and up from $2 million for those owning or operating 100 or fewer. The reimbursement deductible, which currently ranges from $20,000 - $35,000, will change to $15,000. 

Senate Bill 255 is making its way through the legislative process, and if approved by both the Indiana Senate and House and signed by the governor by mid-March, the law will become effective July 1, 2016.

If and when this Senate bill is passed, Pinnacle expects to see CAP claims submitted and paid significantly sooner than has been the trend for years.

Contact us for updates on the bill’s progress and to discuss how it may impact your current or pending submissions.

Have a question about how this might affect you?
Contact Liz Petley, Indiana Program Manager, at 954-977-3775, ext. 121