Under the revised proposal, as in the original, an owner or operator of each hazardous waste management facility would have to provide assurance that funds will be available when needed for properly closing the facility and, in the case of a disposal facility, for maintaining and monitoring it after closure. The revised proposal, however, allows several options in providing such assurances, while the original proposal had only one option; trust funds. This proposal also includes a new requirement for liability insurance for facilities in interim status.

• Financial Requirements for Owners and Operators of Hazardous Waste Management Facilities, Federal Register Notice (PDF)(19 pp, 1 MB, May 19, 1980, 45 FR 33260)