INDEPENDENT REGULATORY REVIEW COMMISSION Actions Taken by the Commission [33 Pa.B. 6472] The Independent Regulatory Review Commission met publicly at 10:30 a.m., Thursday, December 18, 2003, and announced the following:
Regulation Approved
Underground Storage Tank Indemnification Board #11-219: Fees and Collection Procedures (amends 25 Pa. Code Chapter 977)
Regulations Deemed Approved
Insurance Department #11-218: Recognition of the 2001 CSO Mortality Table for Use in Determining Minimum Reserve Liabilities and Nonforfeiture Benefits (amends 31 Pa. Code Chapter 84b)
____ Approval Order Public Meeting held
December 18, 2003Commissioners Voting: John R. McGinley, Jr., Esq., Chairperson; Alvin C. Bush, Vice Chairperson; Daniel F. Clark, Esq.; Arthur Coccodrilli; Murray Ufberg, Esq., recused
Department of Transportation--Vehicle Equipment and Inspection; Regulation No. 18-385
On November 14, 2003, the Independent Regulatory Review Commission (Commission) received this regulation from the Underground Storage Tank Indemnification Board (Board). This rulemaking amends 25 Pa. Code Chapter 977. Notice of proposed rulemaking was omitted for this regulation; it will become effective upon publication in the Pennsylvania Bulletin.
This final-omitted regulation raises the gallon and capacity fees charged by the Board. Upon review of the annual actuarial report, the Board is increasing these fees by 10% to maintain the solvency of the Underground Storage Tank Indemnification Fund.
We have determined this regulation is consistent with the statutory authority of the Board (35 P. S. § 6021.705) and the intention of the General Assembly. Having considered all of the other criteria of the Regulatory Review Act, we find promulgation of this regulation is in the public interest.
By Order of the Commission:
This regulation is approved.
JOHN R. MCGINLEY, Jr.,
Chairperson[Pa.B. Doc. No. 03-2467. Filed for public inspection December 26, 2003, 9:00 a.m.]
