An act relating to increasing revenue for the Environmental Contingency Fund

This bill proposes to increase revenue for Vermont's Environmental Contingency Fund by raising taxes on solid waste and hazardous waste. It directly affects businesses that generate, transport, or dispose of these materials, including waste management facilities and commercial haulers. The key changes would increase the solid waste franchise tax from $6 to $10 per ton and raise hazardous waste tax rates from 11 to 22 cents per gallon for liquid waste and from 1.4 to 2.8 cents per pound for solid waste. All additional revenue collected from these tax increases would be deposited into the Environmental Contingency Fund, which is used to address environmental contamination and hazardous material cleanup needs throughout the state.