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BILL AS PASSED BY HOUSE 2007-2008

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H.558

AN ACT RELATING TO WASTE FACILITY FRANCHISE TAX EXEMPTION FOR MINING WASTE

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1.  3 V.S.A. § 2822(j)(6) is amended to read:

(6)  For solid waste treatment, storage, transfer, or disposal facility certifications issued under 10 V.S.A. chapter 159:

* * *

(E)  original and renewal                  $200.00 plus $0.41

applications for facilities, certified                    per cubic yard of certified

pursuant to 10 V.S.A §§ 6605 and 6605b,     for facilities with an operational

that treat, store, or dispose of waste               capacity less than 25,000 cubic

generated solely from mining, extraction,         yards; for facilities with

or mineral processing                                      operational capacity above 15,000

                                                                      25,000 cubic yards $0.95 per

                                                                      cubic yard of operational capacity

                                                                      prorated and paid on an

                                                                      annual basis over the term

                                                       of the certification.

                                                      


                                                       Maximum annual

                                                                      payment, $35,000.00

                                                                      $75,000.00.

* * *

Sec. 2.  REPEAL

Sec. 6 of No. 65 of the Acts of 2005 (sunset of tax exemption for solid waste from mining, extraction, or mineral processing) is repealed effective June 1, 2008.

Sec. 3.  EFFECTIVE DATE

This act shall take effect upon passage, except:

(1)  Sec. (1) of this act (solid waste certification fee increase in

3 V.S.A. § 2822(j)(6)(E)) shall take effect July 1, 2008.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us