§ 14556. — 14556. (Amended by Stats. 2023, Ch. 868, Sec. 5.)

California § 14556.

• Jurisdiction: California
• Code PRC: Public Resources Code - PRC
• Div. 12.1.: DIVISION 12.1. CALIFORNIA BEVERAGE CONTAINER RECYCLING AND LITTER REDUCTION ACT
• Ch. 4.: CHAPTER 4. Reporting

Text

(a)
Not less than once every six months, the department shall post on its internet website, at a minimum, all of the following information for the current fiscal year and the budget year:
(1)
An updated fund condition statement that includes the revenues, transfers, and expenditures into and out of the fund.
(2)
The recycling rate, by beverage container material type, that is inferred using the revenues.
(3)
An explanation of significant changes to the fund condition statement from the prior report and significant changes to the methodology used for forecasting the fund condition statement.
(4)
Projected sales, which include all actual data available since the last reporting period, by beverage container material type and size, and actual or projected returns, which include all actual data available since the last reporting period, by beverage container material type, including an explanation in any case where the actual returns are more than 100 percent of actual sales.
(5)
Projected handling fee payments, which include all actual data available since the last reporting period, the per beverage container handling fee amount, and the number of beverage containers projected to be eligible for a handling fee payment.
(6)
Projected processing payments, which include all actual data available since the last reporting period, by beverage container material type, showing the total processing fee offsets, processing
fees, and processing payments for each type of beverage container material.
(7)
Total grants awarded during the current fiscal year.
(b)
The department shall notify the Joint Legislative Budget Committee and the appropriate policy and fiscal committees of the Assembly and Senate when it makes a posting on its internet website pursuant to subdivision (a).
(c)
The department shall review the information included in the fund condition statement frequently, but not less than once every three months, to determine if adequate funds exist to pay the disbursements required pursuant to this division and to make the determinations required pursuant to subdivision (c) of Section 14581.

Legislative History

Amended by Stats. 2023, Ch. 868, Sec. 5. (SB 353) Effective October 13, 2023.