Relating to the environment; prescribing an effective date.
Catchline/Summary:
Provides that certain conversion of waste plastics shall be considered recycling for certain purposes related to comprehensive statewide program for solid waste management.Modifies policy regarding comprehensive statewide program for solid waste management. Modifies definition of "recycling" for provisions relating to solid waste management and certain reuse and recycling.]
Modifies definition of "recycled material" for provisions relating to reuse and recycling of certain plastics. Applies to sale, offer for sale or use in association with sale or offer for sale of products on or after September 1, 2011, and to determinations for recycling rate made for calendar year 2012 and subsequent calendar years.]
Provides that certain conversion of waste plastics shall be considered recycling for certain purposes related to comprehensive statewide program for solid waste management.
For purposes of income and corporate excise tax credits allowed for certain energy facilities, modifies definition of "recycling facility" to include equipment used solely for processing waste plastic into synthetic crude oil.
Applies to preliminary certifications issued on or after January 1, 2012.
Takes effect on 91st day following adjournment sine die. .
Oregon Legislative Assembly - Public Testimony Registration Form
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HB 3597 Joint Committee On Tax Credits
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