The US Senate has passed a $5 billion bill to support industrial recycling, a critical step in a national effort to clean up the nation’s hazardous waste.
The $5.6 billion Industrial Recycling and Waste Recovery Act (IRWFRA) will support industrial recyclers that meet certain criteria and be able to process and dispose of waste products in a safe, environmentally sound manner, the Senate voted 68-31 on Tuesday.
The bill will provide an initial $3.5 billion in support to help with the initial stages of recycling, as well as $1 billion in additional funding over 10 years to further accelerate the process.
The bipartisan bill is supported by several key stakeholders in the industry, including the US Chamber of Commerce, the American Chemistry Council, the United Steelworkers Union, and the National Association of Manufacturers.
The Senate is expected to vote on the legislation on Wednesday.
It is the second bipartisan bill to pass the US Congress this year.
In December, President Barack Obama signed a bill providing $542 million for the first phase of the Waste Reduction Act, which will support the recycling industry.