LD 1467 LR 190(02)
An Act To Promote a Circular Economy through Increased Post-consumer Recycled Plastic Content in Plastic Beverage Containers
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Environment and Natural Resources
Fiscal Note Required: Yes
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $0 $0 $89,795 $93,865
General Fund $0 $0 $89,795 $93,865
Other Special Revenue Funds $0 $0 $21,000 $84,000
Fiscal Detail and Notes
This bill would establish standards for the post-consumer recycled plastic content of plastic beverage containers beginning January 1, 2026. Initiators of deposit and spirits manufacturers would be required to begin certain annual reporting requirements regarding their products before April 1, 2024. The bill also establishes a registration fee that initiators of deposit and manufacturers of spirits must pay to the Department of Environmental Protection (DEP) of $500 beginning April 1, 2024. The DEP has indicated that the new regulatory and reporting requirements of this bill would require additional staffing. Given the implementation timeline in this bill, the additional position will not be necessary until fiscal year 2023-24, when the additional reporting requirements begin. The DEP will require ongoing General Fund appropriations of $89,795 beginning in fiscal year 2023-24 for one Environmental Specialist III position and associated costs. The DEP estimates that the increased registration fees will result in an Other Special Revenue Funds increase of $21,000 in fiscal year 2023-24, increasing to $84,000 in fiscal year 2024-25.