Governor Signs Underground Storage Tank Funding Law
Author: New Jersey Association of REALTORS
Written On: Thu, 01 Oct 2009
On October 1, 2009, Governor Jon S. Corzine signed A-3739 into law. This new law, which NJAR® strongly supported, allows homeowners replacing or closing petroleum underground storage tanks (UST's) to apply for reimbursement from the state before actually doing work on their UST. Prior to this law, homeowners had to expend their own funds before applying for reimbursement. In addition, the state will have to issue written confirmation to a homeowner that they are eligible for reimbursement funds to close or replace their UST before any work is actually done.
