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NYS: 5¢ Deposits Set For Bottled Water

wbo1.jpgStarting Saturday, the strapped New York State government will be able to start collecting tens of millions of dollars from deposits on bottled water, after a federal judge’s ruling.

On Friday, the judge lifted an injunction that had blocked the state from going forward with a law. Advocates say the new deposits will encourage recycling and provide as much as $115 million to the state.

Distributors would collect the deposits from customers, and the state would receive 80 percent of all unclaimed deposits.

In May, a group of bottled-water companies filed a lawsuit to prevent the deposit law from taking effect, saying it was unconstitutional because it excluded drinks with added sugar.

(Source: NY Times)

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