An Act To
Maine Legislature, Session 125, LD 1536
Committee Amendment CA_A_H526 (House)
Committee: Labor, Commerce, Research and Economic Development

COMMITTEE AMENDMENT ,,{f, to H.P. 
Protect Heating Oil Consumers" 
1128, L.D. 1536, Bill, "An Act To 
Amend the bill by striking out the title and substituting the following: 
'Resolve, Directing the Commissioner of Professional and Financial Regulation To 
Conduct Meetings To Review the Issue of Compliance with the Laws Governing 
Guaranteed Price Home Heating Oil, Kerosene and Liquefied Petroleum Gas 
Contracts' 
Amend the bill by striking out everything after the title and before the summary and 
inserting the following: 
'Sec. 1. Commissioner of Professional and Financial Regulation to review 
options for reporting compliance with the laws governing guaranteed price 
home heating oil, kerosene and liquefied petroleum gas contracts. Resolved: 
That the Conunissioner of Professional and Financial Regulation shall convene a working 
group with interested parties to determine what information could be included in a report 
from dealers of home heating oil, kerosene and liquefied petroleum gas to the State that 
would demonstrate their compliance with the current law that requires dealers to secure 
their prepaid guaranteed price home heating oil, kerosene and liquefied petroleum gas 
contracts, pursuant to the Maine Revised Statutes, Title 10, section 1110, and to develop 
recommendations to improve the State's ability to ensure compliance with that law and 
with new reporting requirements that do not place any undue burden on the businesses 
involved; and be it further 
Sec. 2. Reporting date established. Resolved: That, no later than January 15, 
2012, the Commissioner of Professional and Financial Regulation shall submit a report of 
the findings and recommendations of the working group convened under section 1 to the 
Joint Standing Committee on Labor, Commerce, Research and Economic Development. 
That committee is authorized to introduce a bill on the subj ect matter of the repolt to the 
COMMITTEE AMENDMENT 
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COMMITTEE AMENDMENT "11 "to H.P. 1128, L.D. 1536 
SUMMARY 
This amendment replaces the bill with a resolve that directs the Commissioner of 
Professional and Financial Regulation to convene a working group with interested parties 
to determine what information could be required of dealers of home heating oil, kerosene 
and liquefied petroleum gas that would demonstrate compliance with the law requiring 
security for prepaid guaranteed price contracts, pursuant to the Maine Revised Statutes, 
Title lO, section 1110, and to develop recommendations to improve the State's ability to 
ensure compliance with that law. It also requires the commissioner to submit a report of 
the findings and recommendations of the working group no later than January 15,2012 to 
the Joint Standing Committee on Labor, Commerce, Research and Economic 
Development and authorizes that committee to introduce a bill on the subject matter of 
the report to the Second Regular Session of the 125th Legislature. 
FISCAL KOTE REQUJRED 
(See Attached) 
COMMITTEE AMENDMENT 
\ 
Approved: 06/04/11 frac 
LD 1536 
LR 2064(02) 
An Act To Protect Heating Oil Consumers 
Fiscal Note for Bill as Amended by Committee Amendment ,R" 
Committee: Labor, Commerce, Research and Economic Development 
Fiscal Note Required: Yes 
Fiscal Note 
Minor cost increase - Other Special Revenue Funds 
Fiscal Detail and Notes 
Additional costs to the Department of Professional and Financial Regulation to convene a working group to conduct 
the required review and submit the required report can be absorbed within existing budgeted resources. 
LR2064(02) - Fiscal Note - Page 1 of 1