For the privilege of using geological strata beneath the surface of the earth in Prince George’s County or underground storage of gas in volumes greater than the minimum volume specified, a gas storage company shall pay the county an annual underground storage use fee. The fee applies annually to all gas in storage, except the specified minimum volume, on the last day of each calendar year. It is computed at the following annual rates on the commodity charge paid for the gas by the gas storage company, as evidenced by the tariff under which the gas was purchased:
Rate
Cubic feet of gas in storage
No fee
On the first 5 billion
2 percent
On all over 5 billion but not over 10 billion
4 percent
On all over 10 billion but not over 15 billion
6 percent
On all over 15 billion but not over 20 billion
8 percent
On all over 20 billion but not over 25 billion
10 percent
On all over 25 billion.
Structure Maryland Statutes
Subtitle 2 - Prince George's County Underground Storage Act
Section 14-202 - Authority of Gas Storage Company to Acquire Use of Geological Strata
Section 14-204 - Rights of Landowners
Section 14-207 - Underground Storage Use Fee
Section 14-208 - Effect on Other Law Vesting Power of Eminent Domain in Storage Company