What records need to be kept by the “deposit initiator” regarding the special account?
Deposit initiators must keep adequate records to document the refund value deposited in the special account, and the refund value withdrawals from the account. The DEP will be developing regulations in the near future to fully implement the provisions of Public Act 08-1. A draft of these regulations, as well as other updates will be available on this website as they are developed. PUBLIC ACT 09-01 Effective Date: April 1, 2009 Requires that Unredeemed Deposits be paid to the State of Connecticut During the January 15, 2009 session, the Connecticut General Assembly made a number of additional changes in state laws related to the states “bottle bill.” These changes, which are contained in Sections 15 through 16 of Public Act 09-01 can be found at: www.cga.ct.gov/2009/ACT/PA/2009PA-00001-R00HB-05095-PA.htm The major requirement of this new law is that, on or before April 30, 2009, every deposit initiator must forward the unredeemed deposit balance in the special account for the period fro
Deposit initiators must keep adequate records to document the refund value deposits into the special account, and the refund value withdrawals from the account. PUBLIC ACT 09-01 Effective Date: April 1, 2009 Requires that Unredeemed Deposits be paid to the State of Connecticut During the January 15, 2009 session, the Connecticut General Assembly made a number of additional changes in state laws related to the states “bottle bill.” These changes, which are contained in Sections 15 through 16 of Public Act 09-01 can be found at: www.cga.ct.gov/2009/ACT/PA/2009PA-00001-R00HB-05095-PA.htm The major requirement of this new law is that, on or before April 30, 2009, every deposit initiator must forward the unredeemed deposit balance in the special account for the period from December 1, 2008 through March 31, 2009 to the DEP for deposit in the States General Fund. Thereafter, the balance outstanding in the special account that is attributable to the immediately preceding calendar quarter shal
