Jose Solorio
- Democratic
Author
Existing law regulates solid waste facilities and requires that any person owning or operating a solid waste landfill submit evidence of financial ability to provide for the cost of closure and postclosure maintenance, except as specified. Existing law provides that if the evidence of financial ability for closure, postclosure, or corrective action is demonstrated by use of insurance, either through an independent insurer or where the insurance carrier is established by a solid waste facility operator to meet the financial assurance obligations of that operator, the insurance mechanism may be approved by the Department of Resources Recycling and Recovery if the insurance carrier meets specified requirements. This bill would specify that, until January 1, 2018, an insurance carrier established by a solid waste facility operator to meet the financial assurance obligations of that operator that meets all of those specified requirements shall be eligible to provide that insurance and shall not be required to be a California admitted insurer nor be required to provide the insurance through a surplus line broker. The bill would add as a requirement for approval of a solid waste facility operator meeting its financial assurance obligations by establishing an insurance carrier that the insurance mechanism not provide in excess of 50% of the financial assurance obligation that the solid waste facility operator is required to meet in the state. This bill would also require the Department of Resources Recycling and Recovery to submit to the Legislature, on or before January 1, 2017, a report on the use of the mechanisms demonstrating financial ability to provide for the cost of closure and postclosure maintenance, including, among other things, any financial liability the state may assume if the mechanisms permitted under this bill and existing law fail. The bill would authorize the department to receive private funds for the purposes of conducting the study necessary for completion of the report, and would prohibit use of evidence of insurance with a carrier established by the owner or operator for the purpose of meeting the financial assurance obligations, unless sufficient private funds are received to conduct the study. The bill would require the department to make public by March 1, 2013, the costs estimate for conducting the study, and would authorize the department to consult with the Department of Insurance in completing the report. The bill would establish criteria applicable to contracts, if any, entered into by the department to conduct the study.
Approved by the Governor.
Chaptered by Secretary of State - Chapter 713, Statutes of 2012.
Enrolled and presented to the Governor at 4:45 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 6362.).
Assembly Rule 77 suspended. (Page 6357.)
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 28 pursuant to Assembly Rule 77.
Read third time. Passed. Ordered to the Assembly. (Ayes 35. Noes 0. Page 4744.).
Read second time and amended. Ordered to third reading.
From committee: Do pass as amended. (Ayes 7. Noes 0.) (August 16).
In committee: Placed on APPR. suspense file.
Read second time and amended. Re-referred to Com. on APPR.
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (May 14).
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on E.Q.
In committee: Set, first hearing. Hearing canceled at the request of author.
Read second time and amended. Re-referred to Com. on E.Q.
From committee: Do pass as amended and re-refer to Com. on E.Q. (Ayes 7. Noes 0.) (June 22).
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on INS.
In committee: Hearing postponed by committee.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on INS.
Read third time. Passed. Ordered to the Senate. (Ayes 70. Noes 0. Page 1351.)
In Senate. Read first time. To Com. on RLS. for assignment.
Read second time. Ordered to consent calendar.
From committee: Do pass. To consent calendar. (Ayes 12. Noes 0.) (May 4).
From printer. May be heard in committee March 18.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB480 | HTML |
| 02/15/11 - Introduced | |
| 06/02/11 - Amended Senate | |
| 06/10/11 - Amended Senate | |
| 06/23/11 - Amended Senate | |
| 04/30/12 - Amended Senate | |
| 05/29/12 - Amended Senate | |
| 08/21/12 - Amended Senate | |
| 08/31/12 - Enrolled | |
| 09/28/12 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
Data on Open States is updated periodically throughout the day from the official website of the California State Legislature.
If you notice any inconsistencies with these official sources, feel free to file an issue.