Bill Text: NY S06233 | 2015-2016 | General Assembly | Amended
Bill Title: Relates to license fees per barrel of petroleum shipped through the state for use outside the state by facilities within 1 mile of a similar facility in another state.
Spectrum: Bipartisan Bill
Status: (Engrossed - Dead) 2016-06-09 - referred to environmental conservation [S06233 Detail]
Download: New_York-2015-S06233-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 6233--A IN SENATE (Prefiled) January 6, 2016 ___________ Introduced by Sens. LANZA, SAVINO -- read twice and ordered printed, and when printed to be committed to the Committee on Environmental Conser- vation -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the navigation law, in relation to license fees per barrel of petroleum The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (a) of subdivision 4 of section 174 of the navi- 2 gation law, as amended by section 1 of part X of chapter 58 of the laws 3 of 2015, is amended to read as follows: 4 (a) The license fee shall be nine and one-half cents per barrel trans- 5 ferred, unless the major facility is located within one mile of a facil- 6 ity in an adjoining state, which if such facility in another state was 7 located in this state would be a major facility, then such fee shall be 8 one cent per barrel transferred, provided, however, that the fee on any 9 barrel, including any products derived therefrom, subject to multiple 10 transfer, shall be imposed only once at the point of first transfer. 11 Provided further, the license fee for major facilities that (i) transfer 12 barrels for their own use, and (ii) do not sell or transfer the product 13 subject to such license fee, shall be eight cents. In each fiscal year 14 following any year in which the balance of the account established by 15 paragraph (a) of subdivision two of section one hundred seventy-nine of 16 this article equals or exceeds forty million dollars, no license fee 17 shall be imposed unless (a) the current balance in such account is less 18 than thirty-five million dollars or (b) pending claims against such 19 account exceed fifty percent of the existing balance of such account. In 20 the event of either such occurrence and upon certification thereof by 21 the state comptroller, the administrator shall within ten days of the 22 date of such certification reimpose the license fee, which shall take 23 effect on the first day of the month following such relevy. The rate may 24 be set at less than nine and one-half cents per barrel transferred if 25 the administrator determines that the revenue produced by such lower EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13195-02-6