HB547 (2005) Detail

Changing the funding limit for on-premise-use fuel oil storage facilities.


CHAPTER 115

HB 547-FN – FINAL VERSION

30Mar2005… 0541h

2005 SESSION

05-0486

06/09

HOUSE BILL 547-FN

AN ACT changing the funding limit for on-premise-use fuel oil storage facilities.

SPONSORS: Rep. D. L. Christensen, Hills 19; Rep. Babson, Carr 3; Rep. R. Cooney, Rock 4; Sen. Barnes, Dist 17

COMMITTEE: Finance

ANALYSIS

This bill increases the amount of reimbursement available to owners of on-premise-use facilities or eligible land to $1,500 and adds reimbursement for certain costs relative to underground storage tanks.

This bill is a request of the oil fund disbursement board.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

30Mar2005… 0541h

05-0486

06/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Five

AN ACT changing the funding limit for on-premise-use fuel oil storage facilities.

Be it Enacted by the Senate and House of Representatives in General Court convened:

115:1 Eligible Expenses; Funding Limit Change. Amend RSA 146-E:6, II to read as follows:

II. Owners of facilities or land eligible under this chapter may apply for reimbursement of court-ordered damages to third parties for bodily injury or property damage, and for the costs of on-site and off-site cleanup of fuel oil discharges in amounts not to exceed a total of $500,000, incurred on or after October 1, 1992. Owners of on-premise-use facilities or land eligible under this chapter who have demonstrated financial need, may apply for reimbursement of costs to meet the requirements of RSA 146-E:4, I and II in amounts not to exceed a total of [$1,000] $1,500 and may apply for reimbursement of underground storage tank abandonment or removal costs in amounts not to exceed a total of $2,500, incurred on or after [July 1, 1999] the effective date of this paragraph.

115:2 Effective Date. This act shall take effect 60 days after its passage.

(Approved: June 15, 2005)

(Effective Date: August 14, 2005)