Prohibits the sale of a beverage in a beverage container unless a clear refund value statement prominently appears on the container.
Requires each beverage container agency (the brand owner or an entity acting as its agent) to submit to the Administrator of the Environmental Protection Agency a recycling management plan subject to the Administrator's approval and a fee to cover administrative costs.
Requires sellers of beverages to collect from each purchaser at the time of sale a deposit no greater than a specified minimum refund value and pay the refund value upon container returns either in cash or in the form of a voucher.
Establishes a recovery rate performance standard and penalties for failure to achieve such rate. Requires arbitration to settle disputes between a beverage container agency and a return site.
Imposes penalties for violations of this Act.