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Written by Jamie Simpson, LawServer Attorney-Editor
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Last Updated November 29, 2008 |
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Connecticut legislators are slated to argue Governor M. Jodi Rell's deficit-closing plan in a special session, which includes a call to capture bottle and can deposits presently kept by distributors, reports The Hartford Courant. Currently, consumers pay a nickel deposit on nearly 1.6 billion bottles and cans per year, though 30% are never returned for redemption. The annual unredeemed deposit funds are estimated to total $25 million, which would help to offset the state's massive budget deficits. Rell argues that the funds belong to the state, but lobbyists for distributors claim the funds are null and void after paying for expensive recycling processes. New York is contemplating pursuing comparable measures; California currently captures the deposit funds directly from retailers.
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