S.2547

Raises the minimum fee per barrel of petroleum products or crude oil from five cents ($0.05) to twelve cents ($0.12) per barrel as part of the.

This bill raises the minimum fee per barrel of petroleum products or crude oil from five cents ($0.05) to twelve cents ($0.12) per barrel as part of the uniform oil spill response and prevention fee. The fund will support projects and initiatives to reduce emissions and meet the act on climate goals as directed by the executive climate change coordinating council (EC4). The fund will also be used for eligible costs incurred by responsible parties as a result of a release of petroleum from an underground storage tank or underground storage tank system.