Researcher: KLM Page 1 4/4/24 OLR Bill Analysis HB 5352 AN ACT CONCERNING MINOR REVISIONS TO THE TIRE STEWARDSHIP PROGRAM. SUMMARY PA 23-62 requires the establishment of a statewide stewardship program to manage discarded tires. Among other things, by January 1, 2025, tire producers must join a stewardship organization and submit a plan to implement the program to the Department of Energy and Environmental Protection (DEEP) for its approval. This bill makes three changes to the program. First, it gives the stewardship organization an additional 60 days to implement the program, which under current law, must start within 120 days after DEEP approves it. The bill expands this implementation window to 180 days after the approval. The bill also allows the organization to hold additional funds by eliminating the law’s cap on its financing system for the program. Current law requires the financing system to cover, and explicitly not exceed, the costs to develop the plan, operate and administer the program, and keep a financial reserve sufficient to operate the program for six months. The bill removes the limitation on exceeding the costs. Lastly, the bill reduces by one-half, from 10% to 5% of total program costs, the maximum fee that DEEP may assess a stewardship organization for administration costs. EFFECTIVE DATE: Upon passage COMMITTEE ACTION Environment Committee Joint Favorable 2024HB-05352-R000278-BA.DOCX Researcher: KLM Page 2 4/4/24 Yea 34 Nay 0 (03/20/2024)