Recycling Industry Economic Stimulus Program

There is hereby created a Recycling Industry Economic Stimulus Program (Program) to be administered by the Guam Environmental Protection Agency. The purpose of the Program is to provide economic stimulus funding to local recycling companies to support their recycling efforts. To qualify for this Program, a recycling company must be licensed to do business in Guam and hold a valid permit from the Guam Environmental Protection Agency for the processing, temporary storage, and beneficial reuse of recyclable materials solely generated on Guam. Recycling companies who qualify under this Program shall receive subsidies for the off-island shipment of recyclables to recycling facilities, pending funding availability and based on an economic sliding scale developed by Guam EPA that is based on factors such as fair market value and transportation. Qualified companies must provide documentation to Guam EPA evidencing proof of delivery of recyclable materials, such as with a bill of lading or similar document from off-island recycling facilities confirming receipt of recyclable materials from Guam. Evidence of proof of delivery shall be submitted to Guam EPA no later than fourteen

(14)days after recyclable materials are received by off-island recycling facilities. Solid waste or recyclables imported into Guam shall not qualify under this Program. The Administrator of the Guam Environmental Protection Agency shall make quarterly and annual reports to I Maga’hågan/Maga’låhen Guåhan and I Liheslaturan Guåhan on the condition of, and activity within, the Program.