CHAPTER 758
H.P. 1922 - L.D. 2668
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 5 MRSA §3307-C, sub-§2, ¶B, as enacted by PL 1989, c. 501, Pt. DD, §13, is amended to read:
B. The quantities of each petroleum product delivery expected into the State within 15 days of the reporting date or within any longer period established by the director.
Sec. 2. 5 MRSA §3307-C, sub-§3, ¶¶B and C, as enacted by PL 1989, c. 501, Pt. DD, §13, are amended to read:
B. Anticipated deliveries of all petroleum products in this State during the following calendar month or during any longer period established by the director; and
C. Allocation fractions for all petroleum products for the following month or for any longer period established by the director.
Sec. 3. 5 MRSA §3307-C, sub-§5 is enacted to read:
5. Reporting of State Planning Office. The State Planning Office shall provide reports to the joint standing committee of the Legislature having jurisdiction over utilities and energy matters as follows:
A. Annually no later than the first business day in January, a report on petroleum products identifying for each petroleum product:
(1) The most recent statewide storage inventory of the product;
(2) The historic trend of the statewide storage inventory over the prior 12 months; and
(3) Any anticipated reductions, curtailments or shortfalls in product deliveries or storage inventories in the coming months; and
B. If the State Planning Office determines, based on available information, that there is or may be a significant shortfall in supply inventories or anticipated deliveries into the State of home heating oil, a report including:
(1) The information that suggests a supply shortfall;
(2) Current and anticipated inventories of home heating oil storage supplies; and
(3) Any recommendations of the State Planning Office for actions by the State in response to the anticipated supply shortfall.
Sec. 4. 30-A MRSA §4994 is enacted to read:
§4994. Heating oil price increases
1. Initial trigger. If home heating oil prices increase more than 40% in any 14-day period during the home heating season, the authority shall immediately:
A. Estimate funds needed to provide adequate assistance to residents eligible at that time to receive fuel assistance under this subchapter; and
B. Notify the Governor, the joint standing committee of the Legislature having jurisdiction over utilities and energy matters, the joint standing committee of the Legislature having jurisdiction over business and economic development matters and the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs of the estimated funding need.
2. Higher trigger. If home heating oil prices increase more than 50% in any 14-day period during the home heating season, the authority shall immediately:
A. Estimate funds needed to provide adequate assistance:
(1) To residents eligible at that time to receive fuel assistance under this subchapter; and
(2) To residents not eligible at that time to receive fuel assistance under this subchapter but who, as a result of the oil price increase, require fuel assistance under this subchapter; and
B. Notify the Governor, the joint standing committee of the Legislature having jurisdiction over utilities and energy matters, the joint standing committee of the Legislature having jurisdiction over business and economic development matters and the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs of the estimated funding need.
Effective August 11, 2000, unless otherwise indicated.
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