New York S 5820: Establishes that instruction in financial education be provided to pupils in grades nine, ten, eleven or twelve

Bill Text

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S05820 Summary:

BILL NOS05820A

&nbsp

SAME ASSAME AS A06267

&nbsp

SPONSORSEPULVEDA

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §27-1007, En Con L

&nbsp

Increases the handling fee paid to dealers or operators of a redemption center for the redemption of empty beverage containers.

Go to top S05820 Actions:

BILL NOS05820A

&nbsp

03/03/2025REFERRED TO ENVIRONMENTAL CONSERVATION

03/06/2025AMEND AND RECOMMIT TO ENVIRONMENTAL CONSERVATION

03/06/2025PRINT NUMBER 5820A

01/07/2026REFERRED TO ENVIRONMENTAL CONSERVATION

Go to topS05820 Committee&nbspVotes:

Go to topS05820 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS05820 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5820--A

 2025-2026 Regular Sessions

 IN SENATE

 March 3, 2025
 ___________

 Introduced by Sen. SEPULVEDA -- read twice and ordered printed, and when
 printed to be committed to the Committee on Environmental Conservation
 -- committee discharged, bill amended, ordered reprinted as amended
 and recommitted to said committee

 AN ACT to amend the environmental conservation law, in relation to the
 handling fee paid to a dealer or operator of a redemption center for
 the redemption of empty beverage containers

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision 6 of section 27-1007 of the environmental
 2 conservation law, as added by section 4 of part SS of chapter 59 of the
 3 laws of 2009, is amended to read as follows:
 4 6. (a) In addition to the refund value of a beverage container as
 5 established by section 27-1005 of this title, a deposit initiator shall
 6 pay to any dealer or operator of a redemption center a handling fee of
 7 three and one-half cents for each beverage container accepted by the
 8 deposit initiator from such dealer or operator of a redemption center.
 9 Beginning April first, two thousand twenty-five, the handling fee shall
 10 be six cents and shall be adjusted periodically thereafter in accordance
 11 with paragraphs (b) and (c) of this subdivision. Payment of the handling
 12 fee shall be as compensation for collecting, sorting and packaging of
 13 empty beverage containers for transport back to the deposit initiator or
 14 its designee. Payment of the handling fee may not be conditioned on the
 15 purchase of any goods or services, nor may such payment be made out of
 16 the refund value account established pursuant to section 27-1012 of this
 17 title. A distributor who does not initiate deposits on a type of bever-
 18 age container is considered a dealer only for the purpose of receiving a
 19 handling fee from a deposit initiator.
 20 (b) Beginning December thirty-first, two thousand twenty-five, each
 21 year a new federal or New York state minimum wage is to take effect, but
 22 not later than the date that the new federal or New York state minimum

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05235-03-5

 S. 5820--A 2

 1 wage is to take effect, the commissioner shall determine the handling
 2 fee to be in effect pursuant to this subdivision. Subject to paragraph
 3 (c) of this subdivision, the handling fee determined pursuant to this
 4 subdivision shall be:
 5 (i) not less than the amount in effect on the date of such determi-
 6 nation;
 7 (ii) increased from such amount by the percentage increase in the
 8 newly effective federal or New York state minimum wage; and
 9 (iii) rounded to the nearest multiple of $0.005.
 10 (c) The handling fee shall only be increased by the percentage
 11 increase in a newly effective federal minimum wage pursuant to paragraph
 12 (b) of this subdivision if the federal minimum wage is set at an amount
 13 higher than the New York state minimum wage. If the federal minimum wage
 14 is not set at an amount higher than the New York state minimum wage, the
 15 handling fee shall be increased only by the percentage of increase in
 16 the New York state minimum wage taking effect in such year. If a newly
 17 effective New York state minimum wage increases based on a wage rate
 18 schedule that varies throughout New York state, then the percentage
 19 increase to be used for calculating