Revision: Jan. 15, 2013, midnight
HB 185-FN – AS INTRODUCED
2013 SESSION
08/05
HOUSE BILL 185-FN
AN ACT relative to the fuel oil discharge cleanup fund.
SPONSORS: Rep. L. Webb, Merr 3; Rep. Haefner, Hills 37; Sen. D'Allesandro, Dist 20; Sen. Odell, Dist 8
COMMITTEE: Resources, Recreation and Development
This bill increases the fuel oil discharge cleanup fund fee.
This bill is a request of the oil fund disbursement board.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
13-0389
08/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Thirteen
AN ACT relative to the fuel oil discharge cleanup fund.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Fuel Oil Discharge Cleanup Fund; Fee. 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.
2 Effective Date. This act shall take effect July 1, 2013.
LBAO
13-0389
01/04/13
HB 185-FN - FISCAL NOTE
AN ACT relative to the fuel oil discharge cleanup fund.
FISCAL IMPACT:
The Department of Environmental Services states this bill, as introduced, will increase state restricted revenue and expenditures by $453,107 in FY 2014 and each year thereafter, and may increase county and local revenue and expenditures by an indeterminable amount in FY 2014 and each year thereafter.
METHODOLOGY:
The Department of Environmental Services states this bill increases the fuel oil importation fee by $0.0025, from $0.01 to $0.0125. Revenue from the fee is deposited into the Fuel Oil Discharge Cleanup (FOD) Fund, a state dedicated fund for fuel oil contamination prevention and cleanup. The Department states 181,242,880 gallons of fuel were imported in FY 2012, and it expects this amount to remain constant in future years. The Department estimates the increase in the fuel oil importation fee will increase revenue to the FOD fund by $453,107 (181,242,880 gallons * .0025) in FY 2014 and each year thereafter. Since FOD fund revenue is passed along to parties eligible for cleanup assistance, the additional revenue will result in expenditures of $453,107 for contamination cleanup projects. Additionally, the Department states to the extent county and local governments are reimbursed for fuel oil cleanup costs, they may have increased revenue of an indeterminable amount. If licensed fuel oil distributors pass the fuel oil importation fee on to its customers, state, county and local governments may have an indeterminable increase in expenditures. The exact fiscal impact cannot be determined at this time.