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Bill > A01744


NY A01744

NY A01744
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 eighty to forty-seven percent of the balance of initiator's refund value account; provides for registration as a redemption center.


summary

Introduced
01/14/2025
In Committee
01/14/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the environmental conservation law, in relation to registration as a redemption center and the handling fee paid to any dealer or operator of a redemption center

AI Summary

This bill proposes several key changes to New York's beverage container deposit and redemption system. First, it increases the handling fee paid by deposit initiators (companies that sell beverages with deposits) to dealers or redemption centers from 3.5 cents to 5 cents per container, providing additional compensation for collecting, sorting, and packaging empty beverage containers. Second, the bill reduces the quarterly payments deposit initiators must make to the state tax commissioner from 80% to 47% of the balance in their refund value account, allowing them to retain a larger portion of the funds. Third, the bill establishes a new registration requirement for redemption centers, mandating that any person or business operating a redemption center must apply for and obtain a registration from the state environmental conservation department. This registration process includes providing details about the center's operations, owners, and contracted dealers, and will be valid for one year with annual renewal. The bill also introduces new provisions for auditing container redemption transactions, sets penalties for various violations in the system, and provides mechanisms for addressing discrepancies in container reporting between deposit initiators and redemption centers. These changes aim to improve the efficiency and accountability of New York's beverage container deposit and redemption program.

Committee Categories

Agriculture and Natural Resources

Sponsors (28)

Last Action

referred to environmental conservation (on 01/14/2025)

bill text


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