1. Short title This Act may be cited as the Safe LPG Storage Act of 2018 . 2. LPG storage facilities relocation program (a) Establishment Not later than 90 days after the date of enactment of this Act, the Secretary of Transportation shall establish a program (in this section referred to as the Program ) under which the Secretary may award grants to covered entities for the relocation of qualifying LPG storage facilities. (b) Applications To be eligible for a grant under the Program, a covered entity shall submit to the Secretary an application at such time, in such form, and containing such information as the Secretary may require. (c) Grant uses Grant amounts awarded under the Program may only be used for activities related to the relocation of a qualifying LPG storage facility. (d) Considerations In selecting a covered entity to receive a grant under the Program, the Secretary shall consider the proximity of the applicable qualifying LPG storage facility to— (1) populated areas, homes, and schools; and (2) communities that are disproportionally impacted by environmental burdens. (e) Federal share The Federal share of the cost of an activity assisted with a grant awarded under the Program may not exceed 50 percent. (f) Authorization of appropriations There is authorized to be appropriated $500,000,000 to carry out the Program. (g) Definitions In this section, the following definitions apply: (1) Covered entity The term covered entity means— (A) a State, local, or Tribal government (including any political subdivision thereof); (B) a special purpose district or public authority, including a port authority; (C) a group of entities described in subparagraph (A) or (B); or (D) an owner or operator of a qualifying LPG storage facility. (2) Qualifying LPG storage facility The term qualifying LPG storage facility means a land-based facility for the storage of liquefied petroleum gas that is located within 5 miles of a populated area, home, or school.