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CT SB00306

Bill

Official Source

Status

Introduced

1/18/2023

Primary Sponsor

Catherine Osten

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Origin

Senate

2023 General Assembly

AI Summary

  • Amends Connecticut General Statutes section 22a-245a to authorize accumulation of a six-month reserve of funds in deposit initiator accounts
  • Allows deposit initiators to build reserves to prepare for an increased refund value on beverage containers effective January 1, 2024
  • Intended to assist beverage industry deposit initiators in planning and adjusting operations ahead of the refund value increase
  • Referred to the Committee on Environment
  • Introduced by Senator Osten (19th District) and Senator Lopes (6th District) in the January 2023 session

Legislative Description

An Act Concerning The Accumulation Of Reserves In Deposit Initiator Accounts.

Last Action

Referred to Joint Committee on Environment

1/18/2023

Committee Referrals

Environment1/18/2023

Full Bill Text

No bill text available