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124th MAINE LEGISLATURE |
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LD 1386 |
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LR 1956(01) |
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An Act Pertaining
to Response Costs Incurred by the Department of Environmental Protection
under the Waste Motor Oil Disposal Site Remediation Program |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Goodall of Sagadahoc |
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Committee: Natural Resources |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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2009-10 |
2010-11 |
Projections 2011-12 |
Projections 2012-13 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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($200,000) |
($300,000) |
($100,000) |
$0 |
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Fiscal Detail
and Notes |
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Under current
law, the Department of Environmental Protection (DEP) negotiates
reimbursement from responsible parties for cleanup expenditures from DEP’s
Uncontrolled Sites Fund. The eligible responsible parties then apply to the
Finance Authority of Maine (FAME) Waste Oil Disposal Site Remediation Program
for reimbursement. This bill allows
FAME to directly reimburse the DEP’s Uncontrolled Sites Fund instead of
reimbursing the responsible parties who have paid DEP. The DEP will be able
to reduce transaction and negotiating costs associated with recovering funds
from eligible responsible parties and the bill will require a deallocation of
$200,000 in FY 2009-10 and $300,000 in FY 2010-11. Additional costs to the Finance
Authority of Maine can be absorbed within existing budgeted resources. |
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