This bill mandates that individuals engaging in scrap tire collection must obtain a license from the Department of Environmental Protection (DEP). It defines "scrap tire collection" as the transportation of scrap tires from their source to licensed facilities and requires the DEP to establish a licensing system, including application processes and eligibility criteria. Additionally, the bill stipulates that licensed scrap tire haulers must maintain a financial assurance of at least $150,000 to cover disposal and environmental mitigation costs. It also prohibits these haulers from storing tires at locations that do not meet safety and regulatory standards.

Furthermore, the bill requires the DEP to create permits for scrap tire storage, collection, or disposal sites, ensuring they maintain adequate financial assurance for site closure and cleanup. Certain exemptions from the permit requirement are included for businesses storing fewer than 1,000 tires in secure containers. The bill establishes civil administrative penalties for violations, with fines escalating for repeated offenses, and outlines the enforcement mechanisms available to the commissioner for ensuring compliance with the new regulations.