Louisiana SIP: LAC 33:III Ch. 6 Section 615. Schedule for Submitting Applications; SIP effective 1999-08-02 (LAd03) to 2002-09-26
Regulatory Text:
Louisiana Administrative Code, Title 33 ENVIRONMENTAL QUALITY, Part III Air (LAC 33:III) Chapter 6. Regulations on Control of Emissions through the Use of Emission Reduction Credits Banking
§615. Schedule for Submitting Applications
Approved by EPA 07/02/99 (64 FR 35939) effective 08/02/99. (LAd03)
A. All bank balance sheets for banking emission reductions where the emission reductions occurred after adoption of the final rule shall be submitted by March 1 following the year in which the reductions occurred. Thereafter, the bank balance and the applicant's certification should be submitted annually on March 1.
B. All bank balance sheets for banking emission reductions where the emission reductions occurred prior to adoption of the final rule shall be submitted within six months after adoption of the final rule. Thereafter, the bank balance and the applicant's certification should be submitted annually on March 1.
C. Owner(s) or operator(s) of major sources in nonattainment areas with VOC or NOx emission reductions not identified through the process described in Subsection B of this Section will be confiscated. A notification of confiscation will be sent by the department at such time that a permit modification or renewal is submitted using "unbanked" VOC or NOx emission reductions described in Subsection B of this Section as offsets or for netting purposes.
D. Bank balance sheets for banking emission reductions which are to be made as part of a project which includes an increase of emissions and for which the reduction will serve to net out or offset the increase may be submitted as part of the permit application for the proposed increase. Such reductions will be reviewed for applicability as an ERC concurrently with the review of the permit application.
AUTHORITY NOTE: Promulgated in accordance with R.S. 30:2054.
HISTORICAL NOTE: Promulgated by the Department of Environmental Quality, Office of Air Quality and Radiation Protection, Air Quality Division, LR 20:878 (August 1994), amended LR 21:681 (July 1995).