Revision: March 29, 2010, midnight
HB 1291-FN – AS AMENDED BY THE HOUSE
17Mar2010… 0656h
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:
I. Increases the import fees for the fuel oil discharge cleanup fund.
II. Requires a report from the oil fund disbursement board on the administration of the fuel oil discharge cleanup fund.
III. Repeals the increase in the import fees for the fuel oil discharge cleanup fund effective July 1, 2012.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
17Mar2010… 0656h
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 Fuel Oil Import Fees. Amend RSA 146-E:3, II to read as follows:
II. A fee of [$0.0125] $.01 per gallon of fuel oil shall be assessed at the time of importation into this state.
3 Report Required. The oil fund disbursement board shall make a report on or before December 1, 2011 to the house ways and means committee reporting on the administration of the fuel oil discharge clean-up fund, and detailing its adherence to fund guidance documents, departmental rules, and chapter 146-E.
4 Effective Date.
I. Section 2 of this act shall take effect July 1, 2012.
II. The remainder of this act shall take effect July 1, 2010.
LBAO
10-2049
Amended 03/22/10
HB 1291 FISCAL NOTE
AN ACT relative to the fuel oil importation fee.
FISCAL IMPACT:
The Department of Environmental Services states this bill, as amended by the House (Amendment #2010-0656h), will increase state restricted revenues and expenditures by $683,075 in FY 2011 and by $683,075 in FY 2012 and decrease state restricted revenue and expenditures by $683,075 in FY 2013 and each year thereafter. This bill may increase state, county and local expenditures by an indeterminable amount in FY 2011 and FY 2012 and may decrease state, county, and local expenditures by an indeterminable amount in FY 2013 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 maintains the increased fuel oil fees paid by licensed distributors from $.01 per gallon to $.0125 per gallon for FY 2011 and FY 2012 then reduces the fuel oil fees back to $.01 per gallon in FY 2013 and each year thereafter. 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 FY 2012, then decrease by the same amount in FY 2013 and each year thereafter. The Department states expenditures for reimbursements will increase by an equal amount in FY 2011 and FY 2012 and decrease by an equal amount in FY 2013 and each year thereafter.
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. To the extent fuel oil is purchased and the increased fuel oil fee is passed onto purchasers, state, county and local governments may have an increase in expenditures in FY 2011 and FY 2012. State, county and local expenditures may decrease in FY 2013 and each year thereafter when the fuel oil fee is reduced back to $.01 per gallon.