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Bill > S2547


RI S2547

RI S2547
Raises the minimum fee per barrel of petroleum products or crude oil from five cents ($0.05) to twelve cents ($0.12) per barrel as part of the uniform oil spill response and prevention fee.


summary

Introduced
02/13/2026
In Committee
02/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

This act would raise the minimum fee per barrel of petroleum products or crude oil from five cents ($0.05) to twelve cents ($0.12) per barrel as part of the uniform oil spill response and prevention fee. Use of the fund would be expanded to support projects and initiatives to reduce emissions and meet the act on climate goals as directed by the executive climate change coordinating council (EC4). This act would take effect upon passage.

AI Summary

This bill increases the minimum fee charged per barrel of petroleum products or crude oil from five cents ($0.05) to twelve cents ($0.12) as part of the uniform oil spill response and prevention fee, which is a charge levied to fund efforts to prevent and respond to oil spills. Additionally, the bill expands the use of this fund to support projects and initiatives aimed at reducing emissions and achieving climate goals, as directed by the executive climate change coordinating council (EC4), a body established to coordinate climate change efforts. The bill will become effective immediately upon its passage.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

Introduced, referred to Senate Finance (on 02/13/2026)

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