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CA AB2733
Bill
Status
2/20/2020
Primary Sponsor
Heath Flora
Click for details
AI Summary
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Changes the minimum reporting frequency for California Beverage Container Recycling Fund condition statements from every 3 months to every 2 months
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Requires the Department of Resources Recycling and Recovery to provide updated fund information to the Legislature bimonthly, including revenues, expenditures, recycling rates by material type, and projected sales and returns
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Mandates more frequent review of fund adequacy to ensure sufficient funds exist to pay required disbursements such as refund values, processing payments, and handling fees
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Updates the department's written reporting to the Joint Legislative Budget Committee and relevant policy and fiscal committees from quarterly to bimonthly
Legislative Description
California Beverage Container Recycling Fund: reporting.
Last Action
Referred to Com. on NAT. RES.
3/2/2020