Bill > S07428

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. - Provides for the registration of redemption centers, requiring them to submit an application and obtain a registration certificate in order to operate. The bill also outlines procedures for the registration process and audits of redemption centers. The bill aims to amend the environmental conservation law in relation to the handling fee paid to dealers or redemption centers and the registration of redemption centers.