Bill Text - HB296 (2009)

(New Title) transferring funds related to oil discharge prevention and cleanup, and an oil fund performance audit.


Revision: March 26, 2009, midnight

HB 296-FN-A – AS AMENDED BY THE HOUSE

24Mar2009… 0901h

2009 SESSION

09-0284

08/09

HOUSE BILL 296-FN-A

AN ACT transferring funds related to oil discharge prevention and cleanup, and an oil fund performance audit.

SPONSORS: Rep. C. Christensen, Hills 19; Rep. Vachon, Straf 3

COMMITTEE: Ways and Means

AMENDED ANALYSIS

This bill transfers funds from the oil pollution control fund to the fuel oil discharge cleanup fund and authorizes a performance audit of oil funds administered by the oil fund disbursement board and the related programs of the department of environmental services for clean up of petroleum contamination.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

24Mar2009… 0901h

09-0284

08/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nine

AN ACT transferring funds related to oil discharge prevention and cleanup, and an oil fund performance audit.

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

1 Oil Fund Performance Audit. The legislative budget assistant shall conduct by December 2009 a performance audit of the oil funds administered by the oil fund disbursement board and the related programs of the department of environmental services for clean up of petroleum contamination.

2 Funds Transferred from the Oil Pollution Control Fund to the Fuel Oil Discharge Cleanup Fund. Within 15 days after the effective date of this section, the department of environmental services shall transfer $400,000 from the New Hampshire oil pollution control fund established by RSA 146-A:11-a to the fuel oil discharge cleanup fund established by RSA 146-E:3, I.

3 Effective Date. This act shall take effect upon its passage.

LBAO

09-0284

01/06/09

HB 296-FN-A - FISCAL NOTE

AN ACT relative to fees for fuel oil discharge prevention and cleanup.

FISCAL IMPACT

    The Department of Environmental Services states this bill will increase state restricted revenues and expenditures by $683,075 in FY 2010 and each year thereafter. This bill may increase state, county and local expenditures by an indeterminable amount in FY 2010 and each year thereafter. This bill will have no fiscal impact on county and local revenues.

METHODOLOGY

    The Department of Environmental Services states this bill increases existing fuel oil fees paid by licensed distributors from $.01 per gallon to $.0125 per gallon. The Department states this fee provides restricted revenues designated to the Fuel Oil Discharge Cleanup Fund. The Department expects fuel imports in FY 2010 and thereafter to at least equal FY 2008 imports (273,229,900 gallons). Under this assumption the Department estimates state restricted revenues will increase by $683,075 (273,229,900 Gallons * $.0025/Gallon) in FY 2010 and each year thereafter. The Department states expenditures for reimbursements will increase by an equal amount.

    The Department states licensed distributors may pass all or a portion of the import fee increase through to state, county and local governments but the exact fiscal impact cannot be determined at this time.

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