Motor Fuels Underground Storage Tank Trust Fund Advisory Board public meetings in 2021
4 substantive meetings from 2021, with official agendas or minutes and plain-English summaries.
Motor Fuels Underground Storage Tank Trust Fund Advisory Board
The Louisiana Department of Environmental Quality has announced a meeting for the Motor Fuels Underground Storage Tank Trust Fund Advisory Board. Due to the COVID-19 pandemic, the meeting will be held remotely via phone or video conference rather than at the Galvez Building.
- Remote meeting access via phone and Zoom
The Board met via Zoom to review financial reports and discuss the impact of electric vehicles on fuel fee revenues. Members requested further investigation into the low interest rates earned on the fund's $117 million cash balance.
- Approved August 19, 2021 Board Minutes
Motor Fuels Underground Storage Tank Trust Fund Advisory Board
The Louisiana Department of Environmental Quality has scheduled a meeting for the Motor Fuels Underground Storage Tank Trust Fund Advisory Board. The agenda is procedural and does not list specific items for decision or discussion.
The Board adopted the February 25, 2021, minutes and approved the financial services, auditor's, and trust fund status reports. Members discussed a significant drop in interest earnings and the status of House Bill 515 regarding the fund's statutory dedication.
- Adopted February 25, 2021, board minutes
- Approved financial services report
- Approved auditor's status report
- Approved trust fund status report
- Approved third party claims status report
Motor Fuels Underground Storage Tank Trust Fund Advisory Board
The Louisiana Department of Environmental Quality has scheduled a meeting for the Motor Fuels Underground Storage Tank Trust Fund Advisory Board. The agenda is procedural and does not list specific items for decision or discussion.
The board elected a new chairperson and approved several status reports regarding fund finances, audits, and trust fund sites. Members discussed the need for better tracking of a state cash sweep payback and requested a review of interest earnings compared to other states.
- Approved November 2020 board minutes
- Elected Michael Guillory as Chairperson for 2021
- Approved Financial Services Report
- Approved Auditor's Status Report
- Approved Trust Fund Status Report
- Approved Third Party Claim Status
Motor Fuels Underground Storage Tank Trust Fund Advisory Board
The Louisiana Department of Environmental Quality announced a meeting for February 25, 2021. Due to the COVID-19 pandemic, the meeting was moved from the Galvez Building in Baton Rouge to a remote format via phone or Zoom.
- Meeting date: Thursday, February 25, 2021, at 1:00 P.M.
- Remote access available via phone number (636) 651-3182 with conference code 365063
- Remote access available via Zoom link using password 573518
The Board approved the August 20, 2020, meeting minutes and accepted the financial services, auditor's status, and trust fund status reports. Members discussed a significant drop in interest earnings due to State Treasurer calculation changes and lower rates. The Board also proposed meeting dates for 2021.
- Adopted August 20, 2020 board minutes
- Approved Financial Services Report
- Approved Auditor's Status Report
- Approved Trust Fund Status Report
- Approved Third Party Claims Status report
- Proposed 2021 meeting dates: Feb 25, May 20, Aug 19, and Nov 18