Tenn. Comp. R. & Regs. 0400-60-01-.04 - STATE SET-ASIDE VOLUME

(1) The Office of Energy Programs shall notify each prime supplier of the monthly set-aside percentage applicable to each product in the Set-Aside Program. The percentage remains constant until further notification.
(2) A prime supplier shall inform the Office of Energy Programs on or before the 20th day of each month of the estimated volume of each petroleum product to be delivered into Tennessee for consumption within the state during the following month.
(3) The set-aside volume available to the Office of Energy Programs for a particular month is calculated by multiplying the set-aside percentage by each prime supplier's total supply of each petroleum product for that month.
(4) Upon a determination by the Office of Energy Programs that after serving all qualified applicants an excess amount of petroleum product remains in the state set-aside, a statewide release may be made to any or all suppliers.


Tenn. Comp. R. & Regs. 0400-60-01-.04
Original rules filed January 17, 2017; effective 4/17/2017. Rule renumbered from 0500-03-01.

Authority: T.C.A. ยงยง 4-3-510 through 4-3-515, 4-5-201 et seq., 11-1-101, and Governor Haslam's Executive Order Number 25.

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.

No prior version found.