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OGC-97-7 1 (1996-12-11)

handle is hein.gao/gaobablph0001 and id is 1 raw text is: GAO United States General Accounting Office Washington, D.C. 20548 Office of the General Counsel B-275517 December 11, 1996 The Honorable John H. Chafee Chairman The Honorable Max Baucus Ranking Minority Member Committee on Environment and Public Works United States Senate The Honorable Thomas J. Bliley, Jr. Chairman The Honorable John D. Dingell Ranking Minority Member Committee on Commerce House of Representatives Subject: Environmental Protection Agency: Financial Assurance Mechanisms for Local Government Owners and Operators of Municipal Solid Waste Landfill Facilities Pursuant to section 801(a)(2)(A) of title 5, United States Code, this is our report on a major rule promulgated by Environmental Protection Agency (EPA), entitled Financial Assurance Mechanisms for Local Government Owners and Operators of Municipal Solid Waste Landfill Facilities (RIN: 2050-AD04). We received the rule on November 20, 1996. It was published in the Federal Register as a final rule on November 27, 1996. 61 Fed. Reg. 60327. The final rule amends the financial assurance provisions of the Municipal Solid Waste Landfill Criteria under subtitle D of the Resource Conservation and Recovery Act. The purpose of the financial assurance regulations is to assure that adequate funds will be readily available to cover the costs of closure, post-closure care and corrective action associated with solid waste landfills. The rule allows local government owners and operators to use a financial test to demonstrate financial assurance and avoid incurring the expenses associated with GAO/OGC-97-7

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