BILL ANALYSIS Ó SENATE COMMITTEE ON APPROPRIATIONS Senator Ricardo Lara, Chair 2015 - 2016 Regular Session AB 1005 (Gordon) - California Beverage Container Recycling and Litter Reduction Act: market development payments ----------------------------------------------------------------- | | | | | | ----------------------------------------------------------------- |--------------------------------+--------------------------------| | | | |Version: June 14, 2016 |Policy Vote: E.Q. 6 - 0 | | | | |--------------------------------+--------------------------------| | | | |Urgency: No |Mandate: No | | | | |--------------------------------+--------------------------------| | | | |Hearing Date: August 11, 2016 |Consultant: Narisha Bonakdar | | | | ----------------------------------------------------------------- *********** ANALYSIS ADDENDUM - SUSPENSE FILE *********** The following information is revised to reflect amendments adopted by the committee on August 11, 2016 Bill Summary: AB 1005 extends the sunset date for the Plastic Market Development Payment Program (PMDP) from January 1, 2017 to January 1, 2022. Fiscal Impact: $10 million annual appropriation (Beverage Container Recycling Fund) to the PMDP. $173,000 per year (Beverage Container Recycling Fund) to the Department of Resources Recycling and Recovery (CalRecycle) for program administration. AB 1005 (Gordon) Page 1 of ? Author Amendments: Sunsets PMDP on January 1, 2018. -- END --