The Department of Energy and Environmental Protection shall develop the terms for a memorandum of agreement that provides, by January 1, 2023, for the in-state processing of not less than eighty per cent of the wine and liquor beverage containers sold in this state into furnace-ready cullet or by-product that is melted or otherwise used in cement, glass or fiberglass products. In developing such terms, the department shall identify the requisite parties to such an agreement and engage such parties in ongoing discussions concerning the establishment of systems and methods, pursuant to such an agreement, for the cost-effective and consumer-oriented state-wide collection of such containers that will yield sufficiently clean and acceptable containers for the owner or operator of any such facility to be used in producing such cullet or by-product. Such memorandum of agreement shall include, but not be limited to, provisions that delineate and assign responsibility among the parties for: (1) Establishing and implementing such collection systems and methods, (2) transporting collected containers to any such facility, (3) properly recycling and managing any containers not accepted by any such facility, (4) executing any financial obligations among the parties pursuant to such agreement, (5) recordkeeping of volume, tonnage and categories of containers processed, annually, pursuant to such agreement, and (6) auditing costs, efficiencies and benefits of such agreement. Not later than January 15, 2022, the Commissioner of Energy and Environmental Protection shall submit a draft of such memorandum of agreement to the joint standing committee of the General Assembly having cognizance of matters relating to the environment.