The department shall deposit the fee in the Indiana recycling promotion and assistance fund established by IC 4-23-5.5-14.
STEP ONE: Multiply the number of pounds of the manufacturer's video display devices sold to households during the immediately preceding program year, as reported in the manufacturer's registration for the program year under IC 13-20.5-1-1(c)(4), by the proportion of sales of video display devices required to be recycled under IC 13-20.5-4-1.
STEP TWO: Subject to subsection (e), add the number of pounds of covered electronic devices recycled by the manufacturer from covered entities during the immediately preceding program year, as reported to the department under IC 13-20.5-3-1(a), to the number of recycling credits the manufacturer elects to use to calculate the variable recycling fee, as reported to the department under IC 13-20.5-3-1(b)(2).
STEP THREE: Subtract the number of pounds determined in STEP TWO from the number of pounds determined in STEP ONE.
STEP FOUR: Multiply the greater of zero (0) or the number of pounds determined in STEP THREE by the per pound cost of recycling established as follows:
IC 13-20.5-2-1