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This
bill requires the State to pay 75% of the costs of closing municipal
landfills that meet certain criteria.
It is assumed that there are five licensed municipal landfills likely
to be eligible to receive such funding.
Estimates by the Department of Environmental Protection (DEP) put
these costs at $3,277,500 with $1,065,000 in fiscal year 2012-13 and
$2,212,500 in fiscal year 2013-14.
According to the DEP, the State currently owes approximately
$2,600,000 for landfill remediation expenses already incurred. Typically, state participation in costs of
this nature have been paid from bond proceeds. Since no bond proceeds are available at
this time, subsequent legislation will be required to create a bond issue or
provide a General Fund appropriation to fund these costs. |