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NY S01719
Bill
Status
1/13/2025
Primary Sponsor
Michelle Hinchey
Click for details
AI Summary
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Increases the handling fee paid by deposit initiators to dealers and redemption center operators from 3.5 cents to 5 cents per beverage container accepted
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Reduces quarterly payments from deposit initiators to the commissioner of taxation and finance from 80% to 47% of the refund value account balance, allowing deposit initiators to retain 53% instead of 20%
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Establishes a mandatory registration system for redemption centers, requiring annual registration with the Department of Environmental Conservation at no cost to applicants, with applications processed within 30 days
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Creates an audit system for beverage container pick-ups, allowing distributors, deposit initiators, redemption centers, and dealers to request up to 10 department-conducted audits per year per pick-up agent
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Establishes penalties for count discrepancies discovered during audits, including withholding up to 100% of handling fees for repeat offenders with 10% or greater discrepancies between reported and actual container counts
Legislative Description
Increases the handling fee paid by a deposit initiator to a dealer or operator of a redemption center from three and one half cents to five cents per container; decreases the amount of quarterly payments a deposit initiator must pay the commissioner of taxation and finance from eighty to forty-seven percent of the balance of initiator's refund value account; provides for registration as a redemption center.
Last Action
REFERRED TO ENVIRONMENTAL CONSERVATION
1/7/2026