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DE HB234

Bill

Status

Introduced

6/17/2009

Primary Sponsor

Earl Jaques

Click for details

Origin

House of Representatives

145th General Assembly

AI Summary

  • Adds definition of "lightering" to Delaware Code § 901 as the commercial transfer of material in bulk quantities exceeding 40 barrels between vessels within state territorial waters to reduce required channel depth.

  • Requires any person engaged in commercial lightering of petroleum products to obtain a license from the Department of Finance with an initial fee of $75 and annual renewal fee of $75.

  • Imposes an additional fee of $0.25 per barrel of petroleum product transferred, payable monthly by the 20th day of each month for the preceding month's transfers.

  • Requires licensees to submit monthly certified statements to the Department of Finance detailing aggregate petroleum products lightered and fees due.

  • Takes effect January 1, 2010.

Legislative Description

An Act To Amend Title 30 Of The Delaware Code Relating To State Taxes And Vessel-t0-vessel Transfers Of Petroleum Products.

Last Action

Stricken

1/26/2010

Committee Referrals

Revenue & Finance6/17/2009

Full Bill Text

No bill text available