(a) The commission by rule shall establish criteria to be met by a person to qualify as an eligible owner or operator.
(b) To be an eligible owner or operator for purposes of this subchapter, a person must not have missed any of the deadlines described in § 26.351(f) and must:
(1) be one of the following:
(A) an owner or operator of a petroleum storage tank that is subject to regulation under this subchapter;
(B) an owner of land that can clearly prove that the land has been contaminated by a release of petroleum products from a petroleum storage tank that is subject to regulation under this subchapter, whether or not the tank is still attached to that land; or
(C) a lender that has a bona fide security or lienhold interest in or mortgage lien on any property contaminated by the release of petroleum products from a petroleum storage tank subject to regulation under this subchapter, or that forecloses on or receives an assignment or deed in lieu of foreclosure and becomes the owner of such property;
(2) be in compliance with this subchapter as determined by the commission; and
(3) meet qualifying criteria established by the commission under Subsection (a) of this section.

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Terms Used In Texas Water Code 26.3571

  • Commission: means the Texas Natural Resource Conservation Commission. See Texas Water Code 26.001
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Person: means an individual, association, partnership, corporation, municipality, state or federal agency, or an agent or employee thereof. See Texas Water Code 26.001
  • Property: means real and personal property. See Texas Government Code 311.005
  • Rule: includes regulation. See Texas Government Code 311.005

(c) The commission by rule may prescribe special conditions, consistent with the objective of formulating an overall plan for remediation of an entire contaminated site, for designating as an eligible owner:
(1) a person described by Subsection (b)(1)(B) of this section who owns land contaminated by a release of petroleum products from a tank that was or is located on property the person does not own; or
(2) a lender described by Subsection (b)(1)(C) of this section.
(d) In determining whether an owner or operator is in compliance with this subchapter, the commission may consider such factors as the owner’s or operator’s compliance with tank registration, release detection and reporting, and corrective action requirements.
(e) The commission shall designate a person as an eligible owner or operator for purposes of this subchapter as provided by this section.
(f) The commission may not establish any requirements for eligibility under this section that are not consistent with this subchapter or with federal law and federal regulations.
(g) An otherwise eligible owner or operator who misses a deadline referenced in Subsection (b) shall be considered ineligible for reimbursement under this subchapter.
(h) Nothing in this section reduces the liability to perform corrective action created under § 26.351 and other parts of this subchapter.