Section 49-1055 - Extent of reimbursement; termination of eligibilityA. From and after December 31, 2032, only those releases of a regulated substance that are reported before January 1, 2033 as prescribed in section 49-1004 are eligible for corrective action cost reimbursements from the underground storage tank revolving fund.B. An application for reimbursement of eligible costs from the underground storage tank revolving fund shall be filed with the department not later than 5:00 p.m. on December 31, 2040.C. An application for preapproval made pursuant to section 49-1051 shall be filed with the department not later than 5:00 p.m. on December 31, 2039.D. Any application made or expense incurred after December 31, 2040 is not eligible for reimbursement from the underground storage tank revolving fund and all such claims are extinguished.Amended by L. 2021, ch. 440,s. 8, eff. 9/29/2021.Amended by L. 2015, ch. 247,s. 18, eff. 7/2/2015.Repealed effective on the earlier of the following: 1. Receipt of sixty million dollars into the regulated substance fund established by section 49-1015.01, Arizona Revised Statutes, as added by this act, after payment and extinguishment of all claims that were timely submitted and transfer of monies as prescribed by section 8, paragraph 2 of this act. 2. Receipt of sixty million dollars into the regulated substance fund established by section 49-1015.01, Arizona Revised Statutes, as added by this act, from monies transferred pursuant to this paragraph. If the regulated substance fund does not receive sixty million dollars pursuant to paragraph 1 of this section, the director of environmental quality shall deposit into the regulated substance fund monies collected by the department pursuant to section 49-1031, Arizona Revised Statutes, until a total of sixty million dollars of tax revenues collected pursuant to section 49-1031, Arizona Revised Statutes, in addition to monies encumbered and deposited in the monitored natural attenuation account, is received by the regulated substance fund.