Bill > S06965

This bill amends the New York Navigation Law to modify the license fee for petroleum transferred through major facilities located within one mile of a similar facility in an adjoining state. Currently, the standard license fee is 9.5 cents per barrel transferred, but the bill reduces this fee to 1 cent per barrel for facilities meeting the specific geographical criteria. Additionally, the bill establishes a 1.5 cent per barrel surcharge for barrels transferred into such facilities and subsequently exported from the state. The bill appears to provide a financial incentive or tax relief for petroleum transfer facilities located near state borders, potentially to maintain economic competitiveness with neighboring states. The changes will take effect immediately upon passage. The bill includes provisions for how these fees interact with existing state accounts, such as suspending fees if the state's environmental protection account balance exceeds certain thresholds, and allows for adjustments to the fee rate based on outstanding claims against the account.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/S6965