HB 1489-FN – AS INTRODUCED
2012 SESSION
08/09
HOUSE BILL 1489-FN
AN ACT repealing the decrease of the fuel oil importation fee.
SPONSORS: Rep. C. Christensen, Hills 19; Rep. Lovett, Sull 4; Rep. Ohm, Hills 26; Sen. Barnes, Jr., Dist 17; Sen. Merrill, Dist 21
COMMITTEE: Science, Technology and Energy
This bill repeals the decrease of the fuel oil importation fee.
This bill is a request of the department of environmental services and 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
12-2105
08/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twelve
AN ACT repealing the decrease of the fuel oil importation fee.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Repeal. 2010, 130:2, relative to a decrease in the fuel oil importation fee, is repealed.
2 Effective Date. This act shall take effect upon its passage.
LBAO
12-2105
11/09/11
HB 1489-FN - FISCAL NOTE
AN ACT repealing the decrease of the fuel oil importation fee.
FISCAL IMPACT:
The Department of Environmental Services states this bill will increase state restricted revenue and expenditures by $590,000 in FY 2013 and each year thereafter, and may increase county and local revenue and expenditures by an indeterminable amount in FY 2013 and each year thereafter.
METHODOLOGY:
The Department of Environmental Services states this bill repeals the $0.0025 decrease to the fuel oil importation fee. The Department assumes the volume of fuel oil to remain at 236,000,000 gallons annually. The Department estimates the repeal of the decrease in the fuel oil importation fee will increase revenue to the fuel oil discharge cleanup fund by $590,000 (236,000,000 gallons * .0025) in FY 2013 and each year thereafter. The additional revenue will result in expenditures of $590,000 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.