HB2040 - Tennessee: Environment And Conservation, Department Of, Recycling, Titles, Short

Recycling - Enacts "Tennessee Deposit Beverage Container Recycling Act of 2007." - Fiscal Summary for *HB2040Increase State Revenues - Net Impact - $82,370,000 - FY07-08 / Deposit Beverage Container Fund $10,000,000 - FY07-08 / Highway Fund - Earmarked for Litter Programs Net Impact - $73,300,000 - FY08-09 / Deposit Beverage Container Fund $10,000,000 - FY07-08 / Highway Fund - Earmarked for Litter Programs Decrease State Revenue - $5,100,000 / Highway Fund - Earmarked for Litter Programs $104,000 / General Fund $233,000 / Education Fund $16,000 / Earmarked to Local Govt. $4,000 / Sinking Fund Decrease Local Govt. Revenues - $138,000 Bill Summary for *HB2040 This bill establishes a deposit and recycling program for beverage containers, including any type of container holding alcohol, tea, coffee, or soda liquid beverages, but not medicines, flavoring substances, milk,[...]

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