Petroleum Storage Tank Trust Fund

The Petroleum Storage Tank Trust Fund provides reimbursement to eligible owners or operators of storage tanks for corrective action costs and expenses required to address accidental releases. The fund also compensates third parties for damages caused by accidental releases.

Fund Coverage and Deductibles

The owner or operator is responsible for the first $25,000 (deductible) of corrective action costs and expenses per occurrence for releases that occurred between Feb. 22, 1989, and Aug. 1, 1997; the first $15,000 (deductible) for releases that occurred between Aug. 2, 1997, and July 29, 1999; or the first $7,500 (deductible) for releases that occurred on or after July 30, 1999.

The following tanks and products are covered as defined by Regulation 12:

  • Aboveground storage tank - between 1,320 gallons and 40,000 gallons
  • Underground storage tank - 110 gallons or larger
  • Refined petroleum products, such as gasoline, diesel, waste oil, kerosene, etc.

In order for an owner or operator to be eligible to access the Arkansas Petroleum Storage Tank Trust Fund for reimbursement, he or she must meet the following criteria as defined by Regulation 12:

  • Owned or operated a regulated petroleum storage tank system
  • Registered tank(s) with ADEQ and paid all tank fees
  • Gave ADEQ timely notice of the release and cooperated fully with ADEQ in corrective action
  • Met requirements of the Eligibility Checklist

Upon receipt of an application for reimbursement of corrective action costs, the RST Division will perform the following activities:

  1. Perform an administrative screening to determine:
    • If the application has been completed correctly
    • If all the necessary forms and documentation have been submitted
    • If the technical information concerning activities, status of the project, amount of contamination recovered, and prognoses has been submitted
  2. Conduct the technical review to determine:
    • If the activities performed were necessary for site cleanup
    • If cleanup activities were properly performed
    • If all the expenses submitted for reimbursement are allowable
  3. Conduct the financial review to determine:
    • If the deductible has been met
    • If all costs submitted are for activities performed after the reported release
    • If all required invoices and subcontractor invoices are submitted
    • If acceptable proof of payment is submitted
    • If costs have been submitted on a previous claim
    • If the costs performed are reasonable based on ADEQ's Reimbursement of Corrective Action Costs
    • If the costs submitted for activities performed were pre-approved and are within the pre-approval amounts

All corrective action costs submitted for reimbursement from the trust fund must meet a three - pronged test of reasonable, allowable and necessary as outlined in Reg.12.311, Reg.12.312 and Reg.12.313, and in the 2014 Guidelines for Reimbursement of Corrective Action Costs.

Trust Fund Forms and Documents

Select the appropriate subject below to find trust fund application forms and documents. Submit required forms.

Guidance Documents

Reimbursement Application Forms

2016 Application Instructions
* from 2014 Guidelines

2016 (Excel)
* use with 2014 Guidelines and with work plans approved after 10/01/2014

2016 (PDF)
* use with 2014 Guidelines and with work plans approved after 10/01/2014

2002 (Word)
* use with work plans approved before 10/01/14

2002 (PDF)
* use with work plans approved before 10/01/14

Internal Revenue Service Form W-9
This form must include the responsible party’s federal tax identification number and address. The form is required for accounting purposes before payment of the claim can be made.

Controlling UST Cleanup Costs Fact Sheets