MARVIN MANDEL, Governor

861

CLASSIFIED AND ASSESSED BY THE STATE DEPARTMENT OF
ASSESSMENTS AND TAXATION AS OPERATING PROPERTY OF THE
GAS STORAGE COMPANY. THE TAXING SITUS OF THE GAS IS
THE COUNTY IN WHICH IT IS INJECTED.

REVISOR'S NOTE: This section presently appears as
Article 66C, section 695J of the Code. The
only changes made are in style.

6-208.

UNDERGROUND STORAGE USE FEE.

FOR THE PRIVILEGE OF USING GEOLOGICAL STRATA
BENEATH THE SURFACE OF THE EARTH IN PRINCE GEORGE'S
COUNTY OR UNDERGROUND STORAGE OF GAS IN VOLUMES
GREATER THAN THE MINIMUM VOLUME SPECIFIED, A GAS
STORAGE COMPANY SHALL PAY THE COUNTY AN ANNUAL
UNDERGROUND STORAGE USE FEE. THE FEE APPLIES ANNUALLY
TO ALL GAS IN STORAGE, EXCEPT THE SPECIFIED MINIMUM
VOLUME, ON THE LAST DAY OF EACH CALENDAR YEAR. IT IS
COMPUTED AT THE FOLLOWING ANNUAL RATES ON THE
COMMODITY CHARGE PAID FOR THE GAS BY THE GAS STORAGE
COMPANY, AS EVIDENCED BY THE TARIFF UNDER WHICH THE
GAS WAS PURCHASED:

RATE
NO FEE
2 PERCENT

« PERCENT
6 PERCENT
8 PERCENT
10 PERCENT

CUBIC FEET OF GAS IN STORAGE
ON THE FIRST 5 BILLION

ON ALL OVER 5 BILLION BUT
NOT OVER 10 BILLION

ON ALL OVER 10 BILLION BUT
NOT OVER 15 BILLION

ON ALL OVER 15 BILLION BUT
NOT OVER 20 BILLION

ON ALL OVER 20 BILLION BUT
NOT OVER 25 BILLION

ON ALL OVER 25 BILLION.

REVISOR'S NOTE: This section presently appears as
Article 66C, section 695K of the Code. The
only changes made are in style.

6-209. EFFECT OR OTHER LAW-VESTING POWER OF EMINENT
DOMAIN IN STORAGE COMPANY.