Penalty for accident

The Secretary shall levy a penalty in the amount of $2,500,000 against an operator of a hazardous liquid pipeline facility that declares a leak, accident, incident, or failure. (1) Frequency The penalty shall be levied on an annual basis until the Secretary certifies that such leak, accident, incident, or failure has been remediated. (2) Double penalty In the case of any operator which does not declare a leak, accident, incident, or failure within 15 days of the operator knowing that such a leak, accident, incident, or failure has occurred, the penalty shall be in the amount of $5,000,000.