124th MAINE LEGISLATURE
LD 861 LR 1269(02)
An Act Concerning Deductibles for Underground Oil Storage Facilities and Tanks
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Natural Resources
Fiscal Note Required: Yes
             
Fiscal Note
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.