146th GENERAL ASSEMBLY

 

FISCAL NOTE

 

DESCRIPTION:       AN ACT TO AMEND TITLES 7 AND 30 OF THE DELAWARE CODE RELATING TO OCCUPATIONAL LICENSES AND FEES.

 

 

ASSUMPTIONS:


 

1.    Effective upon enactment of the Governor.

2.    The Act eliminates the $100,000 business license fee for firms engaging in crude oil lightering.

3.    Currently, the Department of Finance has one licensee under this designation.

4.    The proceeds from license fees for a crude oil lightering operator license are deposited into the Hazardous Substance Cleanup Fund.

REVENUE LOSS:

 

FY 2013 $100,000 (ASF)

 

FY 2014 $100,000 (ASF)

 

 

 

 

Office of Controller General                                                        (Amounts are shown in whole dollars)

January 25, 2012

CAS:CAS

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