BILL ANALYSIS                                                                                                                                                                                                    




                   Senate Appropriations Committee Fiscal Summary
                           Senator Christine Kehoe, Chair

                                           723 (DeSaulnier)
          
          Hearing Date:  05/18/2009           Amended: As introduced
          Consultant:  Brendan McCarthy   Policy Vote: EQ 5-2
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          ____
          BILL SUMMARY: SB 723 would require the California Integrated  
          Waste Management Board to update its schedule for payments to  
          recyclers of specified electronic wastes every year, rather than  
          every other year as is currently required.
          _________________________________________________________________ 
          ____
                            Fiscal Impact (in thousands)

          Major Provisions         2009-10      2010-11       2011-12     Fund
           
          Staff costs to update  $139       $276        $276      Special  
          *
            schedule

          * Electronic Waste Recovery and Recycling Account
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          ____

          STAFF COMMENTS: This bill meets the criteria for referral to the  
          Suspense file. 
          
          Under current law, consumers of specified electronic goods pay a  
          fee at the time of purchase. Revenues from this fee are used to  
          support recyclers of electronic goods. The schedule of payments  
          to recyclers is currently updated every other year.

          SB 723 would require the California Integrated Waste Management  
          Board to update the payment schedule every year, to more  
          accurately cover the difference between the scrap value of  
          recyclable electronic goods and the costs of recycling these  
          products.

          The Board estimates the additional cost to update the schedule  
          annually will be about $276,000 per year, which includes staff  
          costs and contract funds.