Bill
Bill > A4410
NJ A4410
NJ A4410Establishes "Electric Vehicle Battery Repurposing Fund" to support repurposing, remanufacturing, and recycling of electric vehicle batteries; dedicates amounts based on certain sales of electric vehicles.
summary
Introduced
06/29/2022
06/29/2022
In Committee
06/29/2022
06/29/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Establishes "Electric Vehicle Battery Repurposing Fund" to support repurposing, remanufacturing, and recycling of electric vehicle batteries; dedicates amounts based on certain sales of electric vehicles.
AI Summary
This bill establishes the "Electric Vehicle Battery Repurposing Fund" to support the repurposing, remanufacturing, and recycling of electric vehicle batteries in an environmentally safe manner. The fund will be credited annually with $500 for each retail sale of an electric vehicle in the state during the prior fiscal year. The Commissioner of Environmental Protection, in consultation with the Director of the Division of Taxation, will be responsible for implementing the fund's use. The Director of the Division of Taxation and the Chief Administrator of the New Jersey Motor Vehicle Commission will provide data on the number of electric vehicle retail sales to calculate the annual credit to the fund.
Committee Categories
Agriculture and Natural Resources
Sponsors (3)
Last Action
Introduced, Referred to Assembly Environment and Solid Waste Committee (on 06/29/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A4410 |
| BillText | https://pub.njleg.gov/Bills/2022/A4500/4410_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/A4500/4410_I1.PDF |
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