Loading chat...

CO SB198

Bill

Status

Passed

5/31/2019

Primary Sponsor

Nancy Todd

Click for details

Origin

Senate

2019 Regular Session

AI Summary

SB19-198 Summary

  • Increases the maximum waste tire fee from $1.50 to $2.00 per tire, effective January 1, 2020 through December 31, 2025, with the fee reverting to $0.55 per tire on January 1, 2024.

  • Creates the End Users Fund to provide quarterly rebates to in-state end users and retailers of tire-derived products, with rebate amounts set annually by the commission on a per-ton basis.

  • Establishes a tiered rebate structure with Tier 1 providing full rebates for crumbed rubber and energy recovery uses, Tier 2 providing 50 percent rebates for molded products and rubber mulch, and Tier 3 providing 25 percent rebates for tire bales and alternative daily cover.

  • Provides an additional $25 per ton rebate for waste tires obtained from rural counties (population under 60,000), subject to verification and documentation requirements.

  • Terminates the End Users Fund and rebate program on December 31, 2025, with remaining fund balances transferred to the General Fund by July 1, 2026.

Legislative Description

Continued Management Of Waste Tires

Last Action

Governor Signed

5/31/2019

Committee Referrals

Finance4/25/2019
Committee of the Whole4/16/2019
Finance3/25/2019
State, Veterans, & Military Affairs3/18/2019

Full Bill Text

No bill text available