New York bill S06965 amends license fees for petroleum shipped through the state.
New York bill S06965 amends the navigation law to change license fees for petroleum shipped through the state. The bill sets a license fee of nine and one-half cents per barrel for petroleum transferred, unless the major facility is within one mile of a similar facility in an adjoining state. In such cases, the fee is one cent per barrel. The bill also includes provisions for facilities that transfer barrels for their own use and do not sell or transfer the product. The changes take effect immediately.
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