The bill, S.B. No. 2689, aims to enhance the development, promotion, and funding of recycling projects in Texas. It introduces a new recycling market development program, defined as the "Program," which is established under Section 361.442 of the Health and Safety Code. The bill amends existing sections to include the creation of a Recycling Market Advisory Council to provide guidance on the program's implementation and outlines the responsibilities of the program administrator. The plan for recycling must now include additional components such as reports on research progress, the status of grants and loans, and legislative recommendations, thereby expanding the scope of the recycling initiatives.

Furthermore, the bill establishes the Texas Recycling Fund, which will be used to support various recycling-related activities, including grants and loans for businesses that contribute to recycling infrastructure and technology. It also introduces a Recycling Innovation Grant Program and a Recycling Loan Program to facilitate financial assistance for projects that improve recycling outcomes. The bill emphasizes the importance of collaboration with other state agencies and mandates the development of public education programs to promote the economic benefits of recycling. Overall, the legislation seeks to bolster Texas's recycling efforts through structured funding and strategic planning.

Statutes affected:
Introduced: Health and Safety Code 361.0152 (Health and Safety Code 361)