§ 67450.30. Financial Assurance for Closure for Permanent Household Hazardous Waste Collection Facilities Permitted by Rule.


Latest version.
  • (a) This section applies to all PHHWCFs, as defined in section 66260.10, deemed to have a permit pursuant to section 66270.60, subsection(d)(6).
    (b) Financial assurance for closure: The operator shall prepare and submit to CUPA or authorized agency a written estimate, in current dollars, of the cost of closing the PHHWCF. The estimate shall be based on the maximum projected closure cost: however, the closure cost estimate may take into account any salvage value that may be realized from the sale of wastes, facility structures or equipment, land, or other facility assets at the time of closure. The closure cost estimate may also take into account reduced costs that may be incurred by employing the operator's own staff and/or equipment for actual closure activities.
    (1) The operator shall adjust annually the closure cost estimate for inflation within sixty (60) days prior to the anniversary date of the original establishment of the financial mechanism(s). The adjustment shall be made as specified in sections 67450.13, subsections (a)(2)(A) and (a)(2)(B) using an inflation factor derived from the annual Implicit Price Deflator for Gross National Product as published by the U.S. Department of Commerce in its Survey of Current Business. The inflation factor is obtained by dividing the latest published annual Deflator by the Deflator of the previous year.
    (A) The first adjustment is made by multiplying the closure cost estimate by the inflation factor. The result is the adjusted closure cost estimate.
    (B) Subsequent adjustments are made by multiplying the latest adjusted closure cost estimate by the latest inflation factor.
    (2) The operator shall revise the closure cost estimate no more than thirty (30) days after a change in the closure plan increases the cost of closure. The revised closure cost estimate shall be adjusted for inflation as specified in subsection (b)(1) of this section.
    (3) The most current closure plan and the most current closure cost estimate shall be keep on file at the PHHWCF during the operating life of the facility.
    (4) The operator shall submit to CUPA or authorized agency, a copy of each revised closure cost estimate prepared pursuant to paragraphs (1) and (2) of this subdivision.
    (c) On or before October 1, 1996, financial assurance for closure of a PHHWCF shall be established by one of the following methods and submitted with the certification required in subsection (d) of this section:
    (1) a closure trust fund, as specified in section 66265.143, subsection (a);
    (2) a surety bond guaranteeing payment into a closure trust fund, as specified in section 66265.143, subsection (b);
    (3) a closure letter of credit, as specified in section 66265.143, subsection (c);
    (4) closure insurance, as specified in section 66265.143, subsection (d),
    (5) a financial test and corporate guarantee for closure, as specified in section 66265.143, subsection (e);
    (6) multiple financial mechanisms for closure costs, as specified in section 66265.143, subsection (f),
    (7) an alternate financial mechanism, as specified in section 66265.143, subsection (h); or
    (8) self-insurance for public agencies (for public agencies)
    (A) A public agency operating a PHHWCF may satisfy the requirements of this section by submitting a certificate of self-insurance to CUPA or authorized agency. The public agency shall submit DTSC Form 1220 (2/96), which may be obtained from CUPA or authorized agency. The certificate of self-insurance shall contain original signatures.
    (B) The public agency shall guarantee that funds shall be available to close the facility whenever final closure occurs. The public agency shall also guarantee that once final closure begins, the public agency shall, at the direction of CUPA or authorized agency, provide funding up to an amount equal to the full amount of the most recent closure cost estimate, to a party or parties specified by CUPA or authorized agency.
    (d) On or before October 1, 1996, the operator of a PHHWCF in operation prior to October 1, 1996 shall submit a certification to CUPA or authorized agency which documents compliance with the closure cost assurance requirements of subsection (b) of this section. For those PHHWCFs commencing operation after October 1, 1996, the certification shall be submitted with the notification required by section 662670.60(d)(6)(A).
    (1) The certification shall contain the following information:
    (A) The current closure cost estimate of the PHHWCF as determined in subsection (b) of this section.
    (B) The mechanism(s) established to provide the closure cost assurance for the PHHWCF, as described in subsection (b).
    (C) The name and location of the financial institution, insurance company, surety company, or other appropriate organization used to establish the closure assurance for the PHHWCF.
    (D) The effective date of the closure assurance for the PHHWCF.
    (E) The certification shall be signed according to the requirements of section 66270.11 as those requirements apply to permit applications.
    (e) On or after October 1, 1996, a PHHWCF operating pursuant to a permit by rule not more than thirty (30) days in any calendar year, or a PHHWCF whose current closure cost estimate, as specified in this section, is less than $10,000.00, is not required to provide financial assurance as specified in section 67450.30 for the cost of closure. A PHHWCF exempt from financial assurance for closure pursuant to this subsection shall maintain at the facility, an amended copy of the certification required by subsection (d) of this section stating the reasons why the PHHWCF is eligible for this exemption. A copy of the amended certification required by this section, signed according to the requirements of section 66270.11 as those requirements apply to permit applications, shall be submitted to CUPA or authorized agency ten (10) days prior to the date upon which the operator operates pursuant to this exemption.
    INSTRUCTIONS FOR COMPLETING PERMANENT HOUSEHOLD HAZARDOUS WASTE COLLECTION FACILITY PERMIT BY RULE NOTIFICATION FOR PROPOSED FACILITIES FORM DTSC 1094B
    PERMIT BY RULE NOTIFICATION FORM FOR PERMANENT HOUSEHOLD HAZARDOUS WASTE COLLECTION FACILITIES
    CERTIFICATE OF SELF-INSURANCE
HISTORY
1. New section filed 8-30-95 as an emergency; operative 8-30-95 (Register 95, No. 35). A Certificate of Compliance must be transmitted to OAL by 12-28-95 or emergency language will be repealed by operation of law on the following day.
2. New section, including new forms, refiled 12-26-95 as an emergency; operative 12-26-95 (Register 95, No. 52). A Certificate of Compliance must be transmitted to OAL by 4-24-96 or emergency language will be repealed by operation of law on the following day.
3. New section refiled 4-25-96 as an emergency; operative 4-25-96 (Register 96, No. 17). A Certificate of Compliance must be transmitted to OAL by 8-23-96 or emergency language will be repealed by operation of law on the following day.
4. New section refiled 8-23-96 as an emergency; operative 8-23-96 (Register 96, No. 34). A Certificate of Compliance must be transmitted to OAL by 12-23-96 or emergency language will be repealed by operation of law on the following day.
5. Certificate of Compliance as to 8-23-96 order, including amendment of section, new instructions for completing Form DTSC 1094B, and amendment of Form DTSC 1094B transmitted to OAL 9-27-96 and filed 11-7-96 (Register 96, No. 45).
6. Amendment of subsections (b), (b)(4), (c)(8)(A)-(d) and (e) filed 1-8-99 as an emergency; operative 1-8-99 (Register 99, No. 2). A Certificate of Compliance must be transmitted to OAL by 5-10-99 or emergency language will be repealed by operation of law on the following day.
7. Amendment of subsections (b), (b)(4), (c)(8)(A)-(d) and (e) refiled 5-7-99 as an emergency; operative 5-7-99 (Register 99, No. 19). A Certificate of Compliance must be transmitted to OAL by 9-7-99 or emergency language will be repealed by operation of law on the following day.
8. Amendment of subsections (b), (b)(4), (c)(8)(A)-(d) and (e) refiled 9-3-99 as an emergency; operative 9-3-99 (Register 99, No. 36). A Certificate of Compliance must be transmitted to OAL by 1-3-2000 or emergency language will be repealed by operation of law on the following day.
9. Amendment of subsections (b), (b)(4), (c)(8)(A)-(d) and (e) refiled 12-29-99 as an emergency; operative 1-3-2000 (Register 99, No. 53). A Certificate of Compliance must be transmitted to OAL by 5-2-2000 or emergency language will be repealed by operation of law on the following day.
10. Certificate of Compliance as to 12-29-99 order transmitted to OAL 2-29-2000 and filed 4-11-2000 (Register 2000, No. 15).
11. Change without regulatory effect amending subsections (a), (a)(1) and (c)(1)-(5), and repealing and adding new subsections (c)(6)-(7) filed 12-19-2005 pursuant to section 100, title 1, California Code of Regulations (Register 2005, No. 51).
12. Change without regulatory effect amending Form DTSC 1094B filed 1-6-2009 pursuant to section 100, title 1, California Code of Regulations (Register 2009, No. 2).

Note

Note: Authority cited: Sections 25150, 25218.3(d) and 25245 , Health and Safety Code. Reference: Sections 25150, 25218.3(d) and 25245, Health and Safety Code.