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What happens to the unclaimed deposits from containers that are not returned?

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What happens to the unclaimed deposits from containers that are not returned?

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Previously, all unclaimed deposits were kept by the beer and soda distributors who initiated the deposits on beverage containers. The 2009 amendments require that 80% of the unclaimed deposits be remitted to the NYS Department of Taxation and Finance on a quarterly basis. Further information can be found on their website at: www.nystax.gov/bev/ .

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