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Session Laws, 1980
Volume 739, Page 2766   View pdf image
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2766

LAWS OF MARYLAND

Ch. 788

CHAPTER 788
(House Bill 1505)

AN ACT concerning

The Maryland Oil Disaster containment. Cleanup, and
Contingency Fund

FOR the purpose of raising the ceiling of the fund from the
present limit of $250,000 to $350,000.

BY repealing and reenacting, with amendments,

Article - Natural Resources
Section 8-1411(c)
Annotated Code of Maryland
(1974 Volume and 1979 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article - Natural Resources

8-1411.

(c) A license required under this section shall be
secured from the Department subject to terms and conditions
set forth in this section, and by paying an annual fee
according to the following schedule using the total storage
capacity at an oil terminal facility as an indicator of the
utilization, impact, and possible hazards to the State's
natural resources:

License
Designation

Class A
Class B
Class C
Class D
Class E

Total Storage Capacity,                      Annual

in Barrels                                     License

Fee

50,000 or greater                                                 $5,000

20,000 to less than 50,000                                $1,500

10,000 to less than 20,000                                $1,000

5,000 to less than 10,000                               $ 500

Less than 5,000 but greater than 3,000        $ 250

The annual fee may not be less than $250 nor greater
than $5,000. However, the maximum paid by any one person
may not exceed $25,000. At the time the fund reaches its
maximum of $1,000,000, collection of the annual license fees
shall be abated. Annual fees shall be paid by these
facilities to the State Comptroller and upon receipt by him
credited to the Maryland Oil Disaster Containment, Clean-Up
and Contingency Fund. Annual fees shall be paid by these
facilities not later than September 1, for the fiscal year
beginning July 1 immediately preceding. The collection of

 

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Session Laws, 1980
Volume 739, Page 2766   View pdf image
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