Increases handling fee for beverage containers and changes quarterly payments for refund value accounts.

This bill amends the environmental conservation law to increase 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. It also 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 the initiator's refund value account. The bill provides for the registration of redemption centers and outlines the requirements for such registration.

Increases handling fee for beverage containers and changes quarterly payments for refund value accounts.

This bill amends the environmental conservation law to increase 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. It also 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 the initiator's refund value account. The bill provides for the registration of redemption centers and outlines the requirements for such registration.