124th MAINE LEGISLATURE
		LD 1632		LR 2349(02)
	An Act To Establish Biofuel and Ultra-low Sulfur Requirements for Number 2 Home Heating Oil
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Natural Resources
	Fiscal Note Required: Yes
Fiscal Note
Potential future biennium cost increase - General Fund Potential future biennium cost increase - Highway Fund
Fiscal Detail and Notes
	The Department of Administrative and Financial Services will require additional General Fund appropriations and Highway Fund allocations beginning in fiscal year 2013-14 to comply with state biofuel goals.  The exact amounts can not be determined at this time and will depend on the difference in price per gallon.
	Consultation with the Governor's Office of Energy Independence and Security regarding the feasibility of setting a requirement for the percentage of biofuel to be used in #2 heating oil will cause the Department of Environment Protection, the Public Utilities Commission and Efficiency Maine Trust to incur minor costs which can be absorbed within existing budgeted resources.