California § 14549.8 - The department shall determine eligibility for a market development payment descr

§ 14549.8. The department shall determine eligibility for a market development payment descr

(a) The department shall determine eligibility for a market development payment described in Section 14549.2 based on current market conditions and shall consider factors including, but not limited to, the information required to be reported pursuant to paragraph (1) of subdivision (b). (b) (1) In order to be eligible for a market development payment, a reclaimer or manufacturer shall report to the department, in a form and manner determined by the department, all of the following: (A) The source of the plastic. (B) The quantity and the price of plastic purchased, processed, and sold. (C) For reclaimers, the quality of the plastic both purchased and sold. (D) For manufacturers, the types of products that are made from the plastic. (E) Overall benefit to the beverage container recycling program and advancing circularity in the state. (2) All information provided to the department in reports specified under paragraph (1) is considered proprietary and confidential in nature. The department shall protect any information obtained pursuant to this section in accordance with Section 14554. (3) Information regarding the data collected pursuant to this subdivision shall be aggregated and published by the department on its internet website by February 15, 2030. (c) The reporting specified in subdivision (b) is not a violation of the Cartwright Act (Chapter 2 (commencing with Section 16700) of Part 2 of Division 7 of the Business and Professions Code). (d) The department shall publish a report on its website regarding proposed methodologies for the verification of recycled plastic no later than January 1, 2032. In developing the report, the department shall consider relevant information on standards for verifying and tracking recycled content programs and approaches in other states, localities, unions, and nations. (e) This section shall remain in effect only until January 1, 2033, and as of that date is repealed.