Underground Storage Tank (UST) Fund
Underground Storage Tank (UST) Fund helps Illinois petroleum tank owners and operators pay for release investigation, early action, and corrective work to clean up petroleum leaks.
Funder: Illinois Environmental Protection Agency
Due Dates: Part 734 payment applications: within one year after No Further Remediation Letter | Release response: immediate and milestone-based deadlines
Funding Amounts: Reimbursement of eligible cleanup costs, subject to payment limits and deductibles of $5,000–$100,000
Summary: Helps Illinois petroleum tank owners and operators pay for release investigation and corrective action.
Key Information: OSFM determines eligibility and the deductible before Illinois EPA approves reimbursement.
Description
The Underground Storage Tank (UST) Fund helps Illinois tank owners and operators pay for cleaning up petroleum leaks. Established in 1989, it also satisfies federal financial assurance requirements for Illinois tank owners and operators. Supported work includes early action, site investigation, site classification, corrective action, and associated materials and services.
The Illinois Environmental Protection Agency and Office of the State Fire Marshal (OSFM) jointly administer the fund. OSFM determines applicant eligibility and deductibles. Illinois EPA reviews budgets and payment requests for reasonable, eligible costs consistent with technical plans, then processes payment vouchers. The Department of Revenue collects the taxes and fees financing the fund, and the Comptroller issues payments.
