AMENDMENT FOR PRINTED BILL
180ja
___________________ moved that SB 180 be amended as follows:
On page 2, line 10, of the printed bill, delete everything after "balances." and insert "If the
amount paid by a crude oil pipeline company to the fund exceeds thirty million dollars, the secretary
shall stop collecting the fee from that company. Any interest earned on the fund balances after the
amount of money in the fund attributable to a company exceeds thirty million dollars shall be
remitted to the crude oil pipeline company. However, if the balance of the fund falls below five
million dollars for such company, the secretary shall resume the collection of the fee.".
On page 2, delete lines 11 to 13, inclusive.
On page 4, after line 11, insert:
" Section 10. If any crude oil pipeline is decommissioned and there are no outstanding obligations
or corrective actions, the remaining balance of any fees paid by the crude oil pipeline company to
the crude oil pipeline compensation fund shall be returned to the company five years after
decommission of the crude oil pipeline.".