§342G-104  Deposit into deposit beverage
container deposit special fund; use of funds.  (a)  There is established in
the state treasury the deposit beverage container deposit special fund, into
which shall be deposited:



(1)  All revenues generated from the deposit beverage
container fee as described under sections 342G-102 and 342G-105;



(2)  All revenues generated from the deposit beverage
container deposit as described under sections 342G-105 and 342G-110; and



(3)  All accrued interest from the fund.



(b)  Moneys in the deposit beverage container
deposit special fund shall be used to reimburse refund values and pay handling
fees to redemption centers.  The department may also use the money to:



(1)  Fund administrative, audit, and compliance
activities associated with collection and payment of the deposits and handling
fees of the deposit beverage container program;



(2)  Conduct recycling education and demonstration
projects;



(3)  Promote recyclable market development activities;



(4)  Support the handling and transportation of the
deposit beverage containers to end-markets;



(5)  Hire personnel to oversee the implementation of
the deposit beverage container program, including permitting and enforcement
activities; and



(6)  Fund associated office expenses.



(c)  Any funds that accumulate in the deposit
beverage container deposit special fund shall be retained in the fund unless
determined by the legislature to be in excess. [L 2002, c 176, pt of §2; am L
2004, c 241, §4; am L 2005, c 228, §§3, 6(1); am L 2006, c 231, §2; am L 2009,
c 79, §3]



 



Note



 



  Transfer of certain interest earnings to general fund
until June 30, 2015. L 2009, c 79, §30(a)(32).