Fiscal Note
HB0153 - Recycling of Electronic Items
State Impact:
Provisions of this bill requires manufactures and consumer electronic device recyclers to register with the Solid and Hazardous Waste Division of the Department of Environmental Quality. It is estimated that 80 manufactures and recyclers would register at an average cost of $3,000 the first year for a total of $240,000 in FY 2011. Revenues for subsequent years are dependent on renewal fees. The amount is not yet determined but would likely be less than the original collections. The estimated ongoing cost to implement and administer provisions of this bill is $223,000 from the General Fund.
Funding Source | FY 2010 Approp. | FY 2011 Approp. | FY 2012 Approp. | FY 2010 Revenue | FY 2011 Revenue | FY 2012 Revenue |
General Fund | $0 | $223,000 | $223,000 | $0 | $0 | $0 |
Dedicated Credits | $0 | $0 | $0 | $0 | $240,000 | $0 |
Total | $0 | $223,000 | $223,000 | $0 | $240,000 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. Individuals and businesses are likely to experience increased costs to off set the expense of recycling of electronic devices.
2/22/2010, 8:36:21 AM, Lead Analyst: Bleazard, M./Attny: CRP | Office of the Legislative Fiscal Analyst |