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Michigan House passes bottle return fund legislation Anna Liz Nichols LANSING Legislation to compensate beverage companies to update their recycling equipment using unreturned recyclables deposit funds passed Tuesday in the Michigan House. Unredeemed money from the 10-cent per container bottle return is currently divided between the state and retailers operating bottle return locations. The state s Cleanup and Redevelopment Trust Fund, which mainly funds cleanup efforts for certain contamination sites, gets 75% of the money and 25% is given to the retailers. The proposed legislation would offer beverage distributors a half-cent per bottle tax credit for every container eligible for the bottle return, a measure that would cost the state $20 million annually, according to the House Fiscal Agency. The legislation would also allow distributors to receive funds from the unredeemed bottle returns if the annual value is greater than $50 million through 2022. ....
Michigan House passes bottle return fund legislation that would compensate beverage companies Kristena Hansen/AP FILE - In this April 1, 2017 file photo, Oregon residents form steady lines at a BottleDrop recycling redemption center in Portland, Ore. The Oregon Beverage Recycling Cooperative, which oversees the state s bottle deposit program, says about 90 percent of the containers covered by the plan were returned and redeemed in 2018. That s a jump of around 35 percent over where the figure stood just two years ago. (AP Photo/Kristena Hansen) By: Associated Press and last updated 2021-04-28 09:11:23-04 LANSING, Mich. (AP) â Legislation to compensate beverage companies to update their recycling equipment using unreturned recyclables deposit funds passed Tuesday in the Michigan House. ....
Michigan House passes bottle return fund legislation that would compensate beverage companies wxyz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wxyz.com Daily Mail and Mail on Sunday newspapers.