| Summary |
The bill creates the waste tire management enterprise (enterprise).
Under current law, when a consumer buys new tires, the retailer charges
the consumer a waste tire fee (fee) that is then collected by the department
of public health and environment (department) and distributed into 2
separate cash funds:
•
The waste tire administration, enforcement, market
development, and cleanup fund; and
•
The end users fund.
The department uses the money in the waste tire administration,
enforcement, market development, and cleanup fund for various purposes
related to waste tire recycling and management. The department uses the
money in the end users fund to issue rebates to end users of waste tires.
The bill shifts the following responsibilities from the department
to the enterprise:
•
Collecting the fee;
•
Managing the waste tire administration, enforcement,
market development, and cleanup fund and the end users
fund;
•
Issuing rebates to end users; and
•
In conjunction with the solid and hazardous waste
commission, overseeing the activities of waste tire haulers,
waste tire generators, waste tire collection facilities, waste
tire processors, mobile processors, waste tire monofills, end
users, and used tire management.
The bill extends the amount of time that the fee may be collected,
from December 31, 2025, until December 31, 2040.
The enterprise is operated by a board of directors appointed by the
executive director of the department. The enterprise's primary duties and
functions are to:
•
Collect the fee;
•
Promote waste tire recycling and management strategies for
Colorado;
•
Issue revenue bonds;
•
Publish waste tire recycling and management strategies
online; and
•
Engage the services of contractors, consultants, or legal
counsel to provide professional and technical assistance
related to the conduct of the enterprise.
Because the enterprise is a government-owned business, the
revenue generated by the enterprise is not subject to section 20 of article
X of the state constitution.
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