Bill > HB319

This bill establishes a new "regenerative waste management surcharge" of $2.00 per ton on solid waste disposed of at landfills, with a reduced rate of $1.50 per ton for landfills that operate or divert waste to on-site composting facilities, to support grants under the Recycling, Circular Economy and Illegal Dumping Act. This act, which aims to promote waste reduction and recycling, will now explicitly include food recovery, composting, and organic waste reduction initiatives as eligible for these grants. The revenue generated from this surcharge will be directed to the recycling and illegal dumping fund, and the bill clarifies that the Tax Administration Act will govern the collection and enforcement of this new surcharge.

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=319&year=26