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S 1719

New York - Session 2025-2026

Senate in_committee 2026-01-07
Bill Details

Title: Relates to registration as a redemption center and the handling fee paid to any dealer or operator of a redemption center

Summary

Increases the handling fee paid by a deposit initiator to a dealer or operator of a redemption center from three and one half cents to five cents per container; decreases the amount of quarterly payments a deposit initiator must pay the commissioner of taxation and finance from eighty to forty-seven percent of the balance of initiator's refund value account; provides for registration as a redemption center.

Sponsor
Michelle Hinchey
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2025-01-13 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Senate Committee