HB 485 CS (2004) -  Rehabilitation of Contaminated Sites

General Bill by Benson
Rehabilitation of Contaminated Sites: Increases the tax credit for rehabilitation of drycleaning-solvent-contaminated sites and brownfield sites in designated brownfield areas; increases the maximum amount that a tax credit applicant, or multiple tax credit applicants working jointly to clean up a single site, may be granted per year in tax credits for each site voluntarily rehabilitated; increases the total annual amount of contaminated site rehabilitation tax credits allocated by the Department of Environmental Protection; increases the amount of the contaminated site rehabilitation tax credit; increases the maximum amount that a tax credit applicant, or multiple tax credit applicants working jointly to clean up a single site, may be granted per year in tax credits for each site voluntarily rehabilitated; increases the total annual amount a municipality, county, or other tax credit applicant which voluntarily rehabilitates a site may receive per year in tax credits which it can subsequently transfer to specified entities; increases the total amount of tax credits which may be granted annually; revises the definition of "eligible business" with respect to brownfield redevelopment bonus refunds; authorizes the Office of Tourism, Trade, and Economic Development to waive the fixed capital investment requirement for an eligible business for specified projects; provides conditions and requirements with respect to such waiver; revises the definition of "brownfield sites"; revises a condition under which a local government is required to designate a brownfield area; revises a required component of a brownfield site rehabilitation agreement; revises a requirement of a contractor performing site rehabilitation program tasks; revises contractor requirements that must be certified to the Department of Environmental Protection; revises and provides additional insurance requirements; revises terminology with respect to eligibility to participate in the brownfield rehabilitation program; provides immunity from liability for a county for preexisting soil or groundwater contamination of a property that escheats to the county; authorizes a county and the department to enter into a written agreement for the performance, funding, and reimbursement of investigative and remedial acts necessary for a property that escheats to the county; revises provisions with respect to the investment of specified funds under the Brownfield Areas Loan Guarantee Program; provides that such funds shall be derived from the Inland Protection Trust Fund rather than the Nonmandatory Land Reclamation Trust Fund; revises certain restrictions on the investment of such funds; provides for future legislative review of the Brownfield Areas Loan Guarantee Program.
Companion Bill passed CS/SB 338 Brownfield Loan Guarantees By Appropriations and Constantine
Effective Date: July 1, 2004
Last Event: Companion Bill passed, refer to CS/SB 338 on Friday, April 30, 2004 4:47 PM; HB Laid on Table

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 338 Subject: Brownfield Loan Guarantees Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Finance & Tax 4/14/2004 9:23:14 AM
Chamber: House Committee: Finance & Tax 4/12/2004 10:21:02 AM
Chamber: House Committee: Finance & Tax 3/31/2004 8:55:01 AM
Chamber: House Committee: Natural Resources 3/1/2004 11:43:58 AM
Chamber: House Committee: Natural Resources 2/11/2004 2:11:30 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table, refer to CS/SB 338 Time: 04/30/2004 - 4:47 PM Member: Committee: Version:
Event: H Substituted CS/SB 338 Time: 04/30/2004 - 4:47 PM Member: Committee: Version:
Event: H Bill added to Second Reading Calendar Time: 04/29/2004 - 4:40 PM Member: Committee: Version:
Event: H Bill released to House Calendar Time: 04/29/2004 - 4:40 PM Member: Committee: Version:
Event: H Withdrawn from Appropriations Time: 04/29/2004 - 4:24 PM Member: Committee: Appropriations Version:
Event: H Bill now in Appropriations Time: 04/22/2004 - 9:17 PM Member: Committee: Appropriations Version:
Event: H Withdrawn from Subcommittee on Agriculture & Environment Appropriations Time: 04/22/2004 - 9:17 PM Member: Committee: Subcommittee on Agriculture & Environment Appropriations Version:
Event: H Now in Subcommittee on Agriculture & Environment Appropriations Time: 04/13/2004 - 3:49 PM Member: Committee: Subcommittee on Agriculture & Environment Appropriations Version:
Event: H Remaining referral: Appropriations Time: 04/13/2004 - 3:49 PM Member: Committee: Appropriations Version:
Event: H Remaining referral: Subcommittee on Agriculture & Environment Appropriations Time: 04/13/2004 - 3:49 PM Member: Committee: Subcommittee on Agriculture & Environment Appropriations Version:
Event: H Recommendation: CS by Finance & Tax ; Pending Review of CS under Rule 6.3 Time: 04/12/2004 - 10:06 AM Member: Committee: Finance & Tax Version:
Event: H Bill released from committee Time: 04/12/2004 - 10:06 AM Member: Committee: Finance & Tax Version:
Event: H Bill passed referred committee Time: 04/12/2004 - 10:06 AM Member: Committee: Finance & Tax Version:
Event: H Bill added to Finance & Tax agenda Time: 03/29/2004 - 4:18 PM Member: Committee: Finance & Tax Version:
Event: H Now in Finance & Tax Time: 03/04/2004 - 7:40 PM Member: Committee: Finance & Tax Version:
Event: H Remaining referral: Appropriations Time: 03/04/2004 - 7:40 PM Member: Committee: Appropriations Version:
Event: H Remaining referral: Subcommittee on Agriculture & Environment Appropriations Time: 03/04/2004 - 7:40 PM Member: Committee: Subcommittee on Agriculture & Environment Appropriations Version:
Event: H Bill referred to committee Time: 03/04/2004 - 7:40 PM Member: Committee: Finance & Tax Version:
Event: H 1st Reading Time: 03/03/2004 - 1:22 AM Member: Committee: Version:
Event: H Recommendation: CS by Natural Resources ; Pending Review of CS under Rule 6.3 Time: 02/25/2004 - 2:20 PM Member: Committee: Natural Resources Version:
Event: H Bill released from committee Time: 02/25/2004 - 2:20 PM Member: Committee: Natural Resources Version:
Event: H Bill passed referred committee Time: 02/25/2004 - 2:20 PM Member: Committee: Natural Resources Version:
Event: H Bill now in Natural Resources Time: 02/17/2004 - 4:58 PM Member: Committee: Natural Resources Version:
Event: H Bill released from committee Time: 02/17/2004 - 4:58 PM Member: Committee: Subcommittee on Environmental Regulation Version:
Event: H Bill Passed referred committee with amendment(s) Time: 02/17/2004 - 4:58 PM Member: Committee: Subcommittee on Environmental Regulation Version:
Event: H Bill added to Subcommittee on Environmental Regulation agenda Time: 02/06/2004 - 3:54 PM Member: Committee: Subcommittee on Environmental Regulation Version:
Event: H Bill added to Subcommittee on Environmental Regulation agenda Time: 02/06/2004 - 3:43 PM Member: Committee: Subcommittee on Environmental Regulation Version:
Event: H Bill added to Subcommittee on Environmental Regulation agenda Time: 02/06/2004 - 3:40 PM Member: Committee: Subcommittee on Environmental Regulation Version:
Event: H Bill added to Subcommittee on Environmental Regulation agenda Time: 02/06/2004 - 3:38 PM Member: Committee: Subcommittee on Environmental Regulation Version:
Event: H Bill added to Subcommittee on Environmental Regulation agenda Time: 02/06/2004 - 3:38 PM Member: Committee: Subcommittee on Environmental Regulation Version:
Event: H Bill added to Natural Resources agenda Time: 02/06/2004 - 3:28 PM Member: Committee: Natural Resources Version:
Event: H Bill added to Subcommittee on Environmental Regulation agenda Time: 02/05/2004 - 2:29 PM Member: Committee: Subcommittee on Environmental Regulation Version:
Event: H Now In Subcommittee on Environmental Regulation Time: 01/27/2004 - 12:05 PM Member: Committee: Subcommittee on Environmental Regulation Version:
Event: H Bill referred to Appropriations Time: 01/27/2004 - 12:05 PM Member: Committee: Appropriations Version:
Event: H Bill referred to Subcommittee on Agriculture & Environment Appropriations Time: 01/27/2004 - 12:05 PM Member: Committee: Subcommittee on Agriculture & Environment Appropriations Version:
Event: H Bill referred to Natural Resources Time: 01/27/2004 - 12:05 PM Member: Committee: Natural Resources Version:
Event: H Bill referred to Subcommittee on Environmental Regulation Time: 01/27/2004 - 12:05 PM Member: Committee: Subcommittee on Environmental Regulation Version:
Event: H Filed timely Time: 01/14/2004 - 4:20 PM Member: Benson Committee: Version:

Statutes Referenced by this Bill

Statute Other Bill Citations
199.1055 HB 75, HB 1131
220.1845 HB 75, HB 1131
288.107 HB 1593 CS
376.30781 HB 75, HB 1131
376.79
376.80
376.82
376.86 HB 1593 CS