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Bill > HB658


NH HB658

NH HB658
Raising the cap on certain reimbursements from the oil discharge and disposal cleanup fund.


summary

Introduced
01/23/2025
In Committee
05/12/2025
Crossed Over
03/19/2025
Passed
08/11/2025
Dead
Signed/Enacted/Adopted
08/11/2025

Introduced Session

2025 Regular Session

Bill Summary

This bill raises the cap on reimbursement from the oil discharge an disposal cleanup fund for owners of on-premise-use facilities who have demonstrated financial need. This bill is a request of the department of environmental services.

AI Summary

This bill raises the cap on reimbursements from the oil discharge and disposal cleanup fund for owners of on-premise-use facilities who demonstrate financial need. Specifically, the bill increases the maximum reimbursement for installing a new compliant home heating oil tank from $3,300 to $4,000 and raises the cap for removing an underground home heating oil tank from $2,500 to $4,500. The bill is requested by the Department of Environmental Services and aims to help homeowners cover the costs of upgrading or removing aging home heating oil tanks. Additionally, the bill reauthorizes the collection of oil import fees, slightly adjusting the fees for different types of oil, such as on-road and off-road gasoline, diesel fuel, and motor oil. The revenue generated from these fees will be deposited into the Oil Pollution Control Fund and the Oil Discharge and Disposal Cleanup Fund. According to the fiscal analysis, the bill is expected to increase annual expenditures by $154,000 and generate additional revenue of approximately $496,966 in the first fiscal year, with decreasing incremental revenue in subsequent years.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (4)

Last Action

Signed by Governor Ayotte 08/01/2025; Chapter 284; eff. I. Sec 3 eff 01/01/2026 II. Sec 4 eff at 12:01 a. m. on 07/01/2035 III. Rem eff 06/30/2025 (on 08/11/2025)

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