| Notice Filed with SOS |
07/12/2022 |
| Rule |
ProposedRuleAttach2022-00371.pdf |
| Additional Information |
AddInfoAttach2022-00371.pdf |
| Statutory Authority |
These modifications are made pursuant to the authority granted to the Solid and Hazardous Waste Commission in Sections 30-20-104.5 and 30-20-109, C.R.S. |
| Description of Subjects/Issues |
The purpose of Section 4 of the solid waste regulations is to provide assurance that funds will be available to the Department when needed for adequate closure and post-closure of, and corrective action at, solid wastes disposal sites and facilities should the owner and operator become financially insolvent. These regulations require the owners and operators to secure financial instruments to demonstrate adequate coverage until a release is granted by the department.
The proposed amendments to the financial assurance regulations are to correct typographical errors, revise deadlines to improve timeliness for annual reporting requirements. Update the list of allowable mechanisms, and strengthen terms and conditions for both insurance and surety bond mechanisms. |
| Purpose/Objective of Rule |
The purpose of Section 4 of the solid waste regulations is to provide assurance that funds will be available to the Department when needed for adequate closure and post-closure of, and corrective action at, solid wastes disposal sites and facilities should the owner and operator become financially insolvent. These regulations require the owners and operators to secure financial instruments to demonstrate adequate coverage until a release is granted by the department.
The proposed amendments to the financial assurance regulations are to correct typographical errors, revise deadlines to improve timeliness for annual reporting requirements. Update the list of allowable mechanisms, and strengthen terms and conditions for both insurance and surety bond mechanisms. |
| Basis And Purpose |
BasisAndPurposeAttachment2022-00371.rtf
|
| Comments |
Due to COVID-19, the August 16, 2022 meeting was held online only at:
https://us02web.zoom.us/meeting/register/tZAtfuqprjgvHNTv33-MS-GHfQd6-mdFdjC9 |
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Hearing Date |
08/16/2022 |
| Hearing Time |
09:00 AM |
| Hearing Location |
CDPHE - 4300 Cherry Creek Drive South, Denver, CO 80246 or Zoom (see comments/notice) |
| Contact Name |
Brandy Valdez Murphy |
| Contact Title |
Administrator, Solid and Hazardous Waste Commission |
| Contact Telephone |
303-692-3467 |
| Contact email |
brandy.valdezmurphy@state.co.us |