Loading chat...
CO SB198
Bill
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