Bill > A03375

This bill: - Increases the handling fee paid by a deposit initiator to a dealer or operator of a redemption center from three and one-half cents to five cents per container. - Decreases the amount of quarterly payments a deposit initiator must pay the commissioner of taxation and finance from 80% to 47% of the balance of the initiator's refund value account, with the remaining 53% being the monies of the deposit initiator. - Provides for the registration of redemption centers as a condition of operation, with the costs of the registration process to be paid out of the state's portion of the outstanding balance in the refund value account. - Allows for the denial or revocation of a redemption center's registration and establishes penalties for unregistered redemption centers. - Authorizes the Department of Environmental Conservation to conduct audits of beverage container pick-ups to monitor compliance with the law.