State Senator Patty Birkholz has introduced a bill that will bring yard waste back into state landfills 13 years after yard waste was banned. She claims it will help create methane (quicker than current garbage residing in landfills) which can be harnessed for power. Since we still see fit to import trash from Canada I just don't see the benefits (nor any actual scientific data) to back this bill.
Community compost piles and individual compost bins are the way to go (in my humble opinion). I use a mulching blade on our mower and I don't even have to worry about raking grass. It all goes into the ground to become nitrogen and help feed the lawn.
For more information on how to compost, what to put in compost, etc. see The Lazy Man's Guide To Compost.