SOLID WASTE SURCHARGE

HB 319 imposes a surcharge on solid waste disposal in New Mexico, with revenue directed to the Recycling and Illegal Dumping Fund. The fund will provide grants for eligible initiatives like food recovery, composting, and organic waste reduction programs, which the bill explicitly clarifies are covered under the Recycling, Circular Economy and Illegal Dumping Act. The bill amends tax law to classify the surcharge as a tax and ensures revenue distribution to the fund. This surcharge applies to solid waste disposal, affecting waste management entities and businesses that generate solid waste.