[19970828]97-472_泄漏地下储罐信托基金（LUST）1.pdf

This report is not intended to track particular bills through the legislative process. For1information about current legislation and its status, please consult the Bill Summary and Statusfile of the Legislative Information System (http:/www.congress.gov). CRS Issue Brief 97020,Environmental Protection Legislation in the 105 Congress, tracks LUST bills.thCongressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS Web97-472 EUpdated August 28, 1997Leaking Underground Storage Tank Trust Fund(LUST)1Nonna A. NotoSpecialist in Public FinanceLouis Alan TalleyResearch Analyst in TaxationEconomics DivisionSummaryThe Leaking Underground Storage Tank (LUST) Trust Fund provides moneyunder Environmental Protection Agency (EPA)-state cooperative agreements to paycleanup and related costs involving leaking petroleum tanks if no financially solventowners can be found, or if the owner or operator refuses or is unable to comply with anurgent corrective order. Both EPA and the states use trust fund monies to oversee andenforce LUST corrective actions.Primary financing for the trust fund comes from a 0.1 cent per gallon tax on motorfuels. The tax expired Decem