Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 04, 2012 |
referred to environmental conservation |
Jan 05, 2011 |
referred to environmental conservation |
Senate Bill S703
2011-2012 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Environmental Conservation Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2011-S703 (ACTIVE) - Details
- Current Committee:
- Senate Environmental Conservation
- Law Section:
- Environmental Conservation Law
- Laws Affected:
- Amd ยง27-1012, En Con L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S6241
2013-2014: S1019
2015-2016: S1647
2011-S703 (ACTIVE) - Sponsor Memo
BILL NUMBER:S703 TITLE OF BILL: An act to amend the environmental conservation law, in relation to deposits of refund values for refillable beverage containers PURPOSE: To exempt refillable beverage containers. SUMMARY OF PROVISIONS: Section 1 subdivision 1, 2, 3, 4, and 5 of section 27-1012 of the environmental conservation law are amended. New subdivision 5-a is added. Subdivision 1 add except for those refund values received for refillable beverage containers Subdivision 2 add except for payment for refund values on refillable beverage containers Subdivision 3 add such report shall not include any information pertaining to refillable beverage containers Subdivision 5 add after dedication of the amount the commissioner of taxation and finance determines is necessary to cover reasonable cost incurred by the department of taxation and finance to implement, administer, and enforce the provisions of this title Subdivision 5-a is to read Each deposit initiator who initiates deposits on refillable beverage containers shall file and annual report with the commissioner on a form and in the manner prescribed by the commissioner. The commissioner may
2011-S703 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 703 2011-2012 Regular Sessions I N S E N A T E (PREFILED) January 5, 2011 ___________ Introduced by Sen. ROBACH -- read twice and ordered printed, and when printed to be committed to the Committee on Environmental Conservation AN ACT to amend the environmental conservation law, in relation to deposits of refund values for refillable beverage containers THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 1, 2, 3, 4, and 5 of section 27-1012 of the environmental conservation law, as added by section 8 of part SS of chapter 59 of the laws of 2009, are amended and a new subdivision 5-a is added to read as follows: 1. Each deposit initiator shall deposit in a refund value account an amount equal to the refund value initiated under section 27-1005 of this title which is received with respect to each beverage container sold by such deposit initiator, EXCEPT FOR THOSE REFUND VALUES RECEIVED FOR REFILLABLE BEVERAGE CONTAINERS. Such deposit initiator shall hold the amounts in the refund value account in trust for the state. A refund value account shall be an interest-bearing account established in a banking institution located in this state, the deposits in which are insured by an agency of the federal government. Deposits of such amounts into the refund value account shall be made not less frequently than every five business days. All interest, dividends and returns earned on the refund value account shall be paid directly into said account. The monies in such accounts shall be kept separate and apart from all other monies in the possession of the deposit initiator. The commissioner of taxation and finance may specify a system of accounts and records to be maintained with respect to accounts established under this subdivision. 2. Payments of refund values pursuant to section 27-1007 of this title, EXCEPT FOR PAYMENTS OF REFUND VALUES ON REFILLABLE BEVERAGE CONTAINERS, shall be paid from each deposit initiator's refund value EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02062-01-1
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