Hazardous or toxic waste

From the 2024 DOR Tax Exemption Study

82.18.010(3) - Hazardous or toxic waste Description The disposal of hazardous and toxic waste is exempt from the solid waste collection tax. Purpose To recognize that hazardous and toxic waste is not “solid waste," which is defined as garbage, trash, rubbish, or other material discarded as worthless or not economically viable for further use. Toxic wastes require special services. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.161 $0.171 $0.181 $0.192 Local Taxes $0.000 $0.000 $0.000 $0.000 Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 $0.157 $0.181 $0.192 Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions - This repeal takes effect July 1, 2024, and impacts 11 months of collections in fiscal year 2025. - Growth rate is 6%, based on a historical average to reflect industry trends. - Of the total statewide waste generated, 1.7% is hazardous and toxic waste. - Taxpayers properly exempt hazardous and toxic wastes from the solid waste collection tax. Data Sources - Department of Revenue, Excise tax data - Department of E