Introduced
by
To require the state to pay retailers the difference between the amount of beverage container deposits they redeem and the amount of deposits they collect if the former exceeded the latter in the previous year. Under current law, retailers must pay the state most of any gains realized from collecting more deposits than are redeemed by customers. If a retailer pays more in redemptions than the deposits they collect when beverages are purchased during a year can claim a credit against up to three years of future “under-redemption” payments to the state. Under the bill the state would instead pay annual refunds to “over-redeemers”.
Referred to the Committee on Natural Resources
