124th MAINE LEGISLATURE
		LD 1386		LR 1956(02)
	An Act Pertaining to Response Costs Incurred by the Department of Environmental Protection under the Waste Motor Oil Disposal Site Remediation Program
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Natural Resources
	Fiscal Note Required: Yes
Fiscal Note
			2009-10	2010-11	Projections 2011-12	Projections 2012-13
Appropriations/Allocations
	Other Special Revenue Funds		($200,000)	($300,000)	($100,000)	$0
Fiscal Detail and Notes
	Under current law, the Department of Environmental Protection (DEP) negotiates reimbursement from responsible parties for cleanup expenditures from DEP’s Uncontrolled Sites Fund. The eligible responsible parties then apply to the Finance Authority of Maine (FAME) Waste Oil Disposal Site Remediation Program for reimbursement.  This bill allows FAME to directly reimburse the DEP’s Uncontrolled Sites Fund instead of reimbursing the responsible parties who have paid DEP. The DEP will be able to reduce transaction and negotiating costs associated with recovering funds from eligible responsible parties, allowing a deallocation of $200,000 in FY 2009-10 and $300,000 in FY 2010-11. Additional costs to the Finance Authority of Maine can be absorbed within existing budgeted resources.