124th MAINE LEGISLATURE
		LD 861		LR 1269(01)
	An Act Concerning Deductibles for Underground Oil Storage Facilities and Tanks
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Ayotte of Caswell
	Committee: Natural Resources
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Potential current biennium cost increase - Other Special Revenue Funds
Fiscal Detail and Notes
	The Department of Environmental Protection indicates that as many as 15 tank owners may be eligible for relief from the $10,000 deductible.  Most of these tank owners have already paid the $10,000 and would receive refunds.  This could result in additional disbursements from the Ground Water Oil Clean-up Fund of up to $150,000.  If the intent of the bill is to limit relief to only tank owners who have not paid the $10,000, the bill would need language excluding the possibility of refunds to those who have chosen to pay the $10,000 previously.  If refunds are eliminated, there may only be a single former tank owner who will benefit from this bill and the cost could be as low as $10,000.