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News

LAO Report: BCRF Projected to Be Insolvent in 2014-15, Absent Corrective Action

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In a report dated April 11, 2012, the California Legislative Analyst's Office (LAO) presented an "Overview of the Beverage Container Recycling Fund." The report highlights the continuing structural deficit in the Beverage Container Recycling Fund (BCRF) and states that the "BCRF’s reserves will ultimately be depleted, and the fund is projected to face insolvency in 2014-15, absent corrective action."

According to the LAO, the "breakeven" recycling rate "where expenditures equal revenues is about 72 percent. The recycling rate has increased from 58 percent in 2003-04 to 85 percent in 2010-11."

The report states that although "the BCRF is currently operating with a structural deficit (operating expenditures exceed revenues by around 12 percent)", it remains solvent mainly "due to the repayments of loans made from BCRF to the General Fund."

You can find the full report at http://lao.ca.gov/handouts/resources/2012/Overview_of_BCRF_04_11_12.pdf 

Legislative Update - ACRI Opposes AB 950

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ACRI has joined a coalition of small and large employers throughout California opposing AB 950 (Perez-D & Swanson-D). AB 950 mandates that for purposes of state employment law, a drayage truck owner/operator would be deemed an "employee" rather than an independent "contractor." AB 950 would lead to the loss of hundreds of small businesses and will increase already high unemployment rates and the cost of goods throughout California.

Click here to view ACRI's letter in opposition to AB 950.

ACRI will continue to track AB 950 and provide updates. If you would like to submit a letter opposing AB 950 feel free to use language included in the ACRI opposition letter, on your company letterhead. Please fax the letter to the California State Assembly Committee on Labor and Employment at (916) 319-2191.

Legislative Update - ACRI Supports AB 712

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ACRI is supporting AB 712 (Williams-D).  AB 712 recognizes the critical need for recycling facilities to be easily accessible in all communities.  If California is to be successful in meeting its current recycling/diversion requirements, every effort must be made to ensure that the appropriate level of recycling collection facilities are zoned and approved.

Legislative Update - ACRI Opposes AB 508

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ACRI is opposing AB 508 (Swanson-D).  AB 508 would prevent bid-winning companies from retaining existing employees when providing contract services.  Such an action unfairly penalizes those employees who have a long standing relationship with a company that is awarded a public bid - placing jobs at risk.  At a time when our state is facing an unprecedented high unemployment level, AB 508 translates into additional job losses in California.

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