Terms Used In New Jersey Statutes 13:1E-99.105d

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
10. A manufacturer that fails to collect, transport, or recycle its required market share in weight obligation shall be assessed a fee equivalent to $0.50 per pound times its market share in weight obligation. A fee assessed pursuant to this section shall be appropriated and allocated annually to the “Electronic Waste Management Fund” established pursuant to section 11 of P.L.2016, c.87 (C. 13:1E-99.105e). The assessment of the fee pursuant to this section shall be in addition to any other enforcement action that may be taken by the department for a violation of P.L.2007, c.347 (C. 13:1E-99.94 et seq.).

L.2016, c.87, s.10.