Section 1940 - Underground storage tank incentive program(a) The owners of a retail gasoline outlet that sells less than 20,000 gallons of gasoline per month and that desire assistance to replace underground storage tanks in compliance with this chapter, and municipalities with a population of less than 2,500 people may apply to the Secretary for such assistance. The financial assistance may be in the form of grants of up to $5,000.00 or the cost of complying with the requirements of this chapter, whichever is less.(b) The application shall be supported by information covering:(1) proof of tank ownership;(2) an estimated cost of tank replacement;(3) the amount and type of assistance requested;(4) a tank replacement schedule;(5) in the case of gasoline stations, the monthly volume of gasoline sales for the previous 12 months;(6) such other information and assurances as the Secretary may require.(c) In cases of applications from the owners of retail gasoline outlets, priority shall be given to those applicants from areas with a low density of retail gasoline outlets and for whom the expense of tank replacement is likely to cause termination of retail gasoline services.(d) Assistance in accordance with this section shall be provided from funds authorized for this purpose from the oil overcharge funds.Added 1987, No. 85, § 2, eff. 6/9/1987.