Relates to establishing a mollusk shell recycling tax credit

2025 Regular Session Introduced by Pete Harckham

Bill S 6883 offers a tax credit to encourage recycling of mollusk shells, benefiting businesses and farmers while promoting environmental sustainability and habitat restoration.

REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

Purpose and Intent

Bill S 6883 aims to establish a tax credit specifically for the recycling of mollusk shells. The primary intent of this legislation is to promote environmental sustainability by encouraging the recycling of mollusk shells, which can be repurposed for various uses, including agricultural applications and habitat restoration.

Key Provisions

Tax Credit Establishment: The bill proposes the creation of a tax credit for individuals and businesses that engage in the recycling of mollusk shells.

Eligibility Criteria: The specifics regarding who qualifies for the tax credit, including the types of mollusk shells eligible for recycling and the processes that must be followed, will be detailed in subsequent regulations.

Credit Amount: While the exact dollar amount of the tax credit is not specified in the current version of the bill, it is expected that this will be outlined in future legislative discussions or amendments.

Reporting Requirements: Recipients of the tax credit may be required to report on the volume of mollusk shells recycled and the methods used, ensuring accountability and tracking of environmental benefits.

Affected Parties

Recyclers and Businesses: The bill is expected to benefit businesses involved in the collection and recycling of mollusk shells, providing them with a financial incentive to engage in sustainable practices.

Environmental Organizations: Groups focused on marine conservation and sustainability may support this bill as it aligns with their goals of reducing waste and promoting ecological health.

Agricultural Sector: Farmers and agricultural businesses that utilize recycled mollusk shells as soil amendments or for other purposes may also benefit from the increased availability of these materials.

Procedural Aspects

Current Status: As of March 26, 2025, Bill S 6883 has been referred to the Committee on Investigations and Government Operations for further consideration.

Legislative History: This bill is related to several prior-session bills, including A 584, S 4718, A 655, S 4741, S 8436, and A 142 (a companion bill), indicating ongoing legislative interest in mollusk shell recycling and related environmental initiatives.

Conclusion

Bill S 6883 represents a proactive step towards enhancing environmental sustainability through the recycling of mollusk shells. By establishing a tax credit, the legislation seeks to incentivize recycling efforts, benefiting both the economy and the environment. Further discussions and amendments will clarify the specifics of the tax credit and its implementation.

Bill