Waste Diversion And Circular Economy Development Center

Section 1 of the bill makes legislative findings and declarations. Section 2 creates the circular economy development center (center) in the department of public health and environment (department). The purpose of the center is to grow existing markets; create new markets; and provide necessary infrastructure, logistics, and marketing to create a sustainable circular economy for recycled commodities in Colorado. On or before July 1, 2023, subject to available appropriations, the department must contract with a third-party administrator to operate the center.

The center must conduct a statewide, end-market gap analysis and opportunity assessment and submit a final report of the analysis and assessment to the department by August 1, 2024. Beginning September 1, 2023, and on or before each September 1 thereafter, the center must also submit a report to the department describing the progress of the center. The department must include the report in its annual presentation to the general assembly pursuant to the "State Measurement for Accountable, Responsive, and Transparent (SMART) Government Act".

Section 2 also repeals the center, effective September 1, 2030. Before the repeal, the activities of the center are scheduled for a sunset review by the department of regulatory agencies.Section 3 requires the front range waste diversion enterprise (enterprise), in coordination with the department, to pay for direct and indirect costs associated with the operation of the center through the front range waste diversion cash fund (fund). Section 3 also makes changes to the front range waste diversion enterprise grant program as follows:

• Current law imposes limitations for grant applications that are received from a waste hauler or a landfill owner or operator. Specifically, as to the portions of such an application that relate to infrastructure or equipment, only 50% of infrastructure or equipment can be funded through the grant program and, if the board awards a grant to a waste hauler or landfill owner or operator for infrastructure or equipment, the grantee is ineligible to receive a grant for the following 5 years. The bill removes these limitations.
• Current law prohibits the board of directors of the enterprise from allocating more than 20% of the annual fund revenue in any single grant award. The bill raises this maximum to 50%.

Section 3 also extends the repeal date of the enterprise from September 1, 2029, to September 1, 2030.Sections 4 and 5 extend the repeal dates of the recycling resources economic opportunity program and the associated recycling resources economic opportunity fund from July 1, 2026, to September 1, 2030. Section 4 also requires the department to use money appropriated from the recycling resources economic opportunity fund to pay for up to 40% of the direct and indirect costs associated with the operation of the center.

Under current law, the solid waste user fee is repealed, effective July 1, 2026. Section 6 extends Section 5 eliminates this repeal date. to September 1, 2030. Section 6 Section 5 also extends, from September 1, 2029, to September 1, 2030, the repeal date of a specific user fee that is associated with the solid waste user fee.

(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)