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Bill updates seller disclosure to reflect Pollution Liability Insurance Agency program changes
Summary
House Bill 2,501 would revise the seller disclosure statement about heating oil tanks to tell buyers that remediation assistance 'may be available' as the Pollution Liability Insurance Agency transitioned its program into a loan and grant model; staff and proponents said the statutory disclosure must match the updated program mechanics.
House Bill 2,501 would change the mandatory seller disclosure language about residential heating oil tanks so the notice reflects that remediation assistance from the Pollution Liability Insurance Agency (PLIA) "may be available" rather than stating "no cost insurance may be available." The change aligns the statutory disclosure with the PLIA’s transition of the program to a loan and grant structure completed July 1, 2025.
Committee staff explained the prior disclosure referenced an insurance program that has been replaced by a loan/grant program; current PLIA program elements described in committee included preliminary planning assessments, grants up to $60,000 and loans up to $68,000 for selected eligible property owners. Sponsor Representative Mark Klicker (16th District) said the statutory seller disclosure form must accurately reflect the program’s present structure.
Bill Clark (Washington Realtors) supported the change, noting the seller disclosure form is statutory and therefore must be updated whenever program structure changes. The Pollution Liability Insurance Agency representatives were present for questions. The committee closed the public hearing on the bill during this session.
