The proposed bill establishes the "Extended Producer Responsibility for Packaging and Paper Act," which aims to enhance the state's recycling efforts by shifting the financial responsibility for recycling programs onto product producers. This legislation introduces new definitions and regulations related to recycling, including terms such as "covered materials," "producer," and "producer responsibility organization." Key insertions include the establishment of an advisory board to oversee the program, the requirement for producers to comply with specific recycling standards, and the introduction of a baseline assessment of the state's recycling system. The bill emphasizes environmentally sound management practices and outlines the roles of various stakeholders in the recycling process, promoting a circular economy and reducing carbon emissions.

Additionally, the bill amends existing laws regarding the taxation and management of hard-to-dispose materials, repealing previous sections related to beverage container taxation and redefining the focus to broader waste management initiatives. It introduces new definitions for "hard-to-dispose material retailers" and "wholesalers," streamlining the tax filing process for these entities. The bill also establishes an administrative fund for managing producer funds and outlines procedures for tax determinations and refunds. Overall, the legislation aims to improve recycling infrastructure, promote sustainable practices among producers, and ensure accountability throughout the recycling lifecycle.