Do you remember the Seinfeld Bottle Deposit episode? If not, here’s the script, if you’d like to take a look!
A bill mandating a 5 cent refundable deposit on the majority of glass or plastic bottles purchased in the state, championed by Colorado schoolkids, was killed last Wednesday due to fears of hidden costs associated with this Seinfeld episode.
The deposits not recovered by bottle purchasers would have been split between administrative costs of the program and education.
“A bottle bill will help increase Colorado’s surprisingly low recycling rate and will help direct much needed funds to K-12 education,” said Rep. Dan Pabon, D-Denver, during a press conference. “Having a bottle deposit program is estimated to generate the state tens of millions of dollars each year.”
In 2006, Colorado recycled 12.5 percent of its waste according to a study done by Columbia University. Sponsors of the bill said they expected to see that rise considerably, with 70 percent of bottles recycled if the bill were to pass.
Want more information on the Bottle Bill? Click here.