Revision: Dec. 10, 2009, midnight
HB 1291-FN – AS INTRODUCED
2010 SESSION
08/10
HOUSE BILL 1291-FN
AN ACT relative to the fuel oil importation fee.
SPONSORS: Rep. C. Christensen, Hills 19; Rep. Webb, Merr 2; Sen. Lasky, Dist 13
This bill makes permanent an increase in import fees for the fuel oil discharge cleanup fund.
This bill is a request of the oil fund disbursement board and the department of environmental services.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
10-2049
08/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Ten
AN ACT relative to the fuel oil importation fee.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Fuel Oil Import Fees. Amend RSA 146-E:3,II to read as follows:
II. A fee of [$.01] $0.0125 per gallon of fuel oil shall be assessed at the time of importation into this state. [An additional fee of $.0025 per gallon of fuel oil shall be assessed on imports after July 1, 2009. Assessment of this additional fee shall be discontinued on June 30, 2010.]
2 Effective Date. This act shall take effect July 1, 2010.
LBAO
10-2049
10/26/09
HB 1291-FN - FISCAL NOTE
AN ACT relative to the fuel oil importation fee.
FISCAL IMPACT:
The Department of Environmental Services states this bill will increase state restricted revenues and expenditures by $683,075 in FY 2011 and each year thereafter. This bill may increase state, county and local expenditures by an indeterminable amount in FY 2011 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 permanently increases fuel oil fees paid by licensed distributors from $.01 per gallon to $.0125 per gallon. The Department states the fee provides restricted revenues designated to the Fuel Oil Discharge Cleanup Fund. The Department expects fuel imports in FY 2011 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 2011 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 to state, county and local governments. The Department has no information on how much fuel oil is purchased by state, county or local governments or the portion of the import fee that licensed distributors might pass to purchasers of fuel oil so the exact fiscal impact cannot be determined at this time.