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Ch. 306 2000 LAWS OF MARYLAND
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Approved May 11, 2000.
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CHAPTER 306
(Senate Bill 513)
AN ACT concerning
Environment - Brownfields Revitalization Incentive and Voluntary Cleanup
Programs
FOR the purpose of altering the requirement that for a brownfields site to be eligible
for certain financial incentives the site must be located in a jurisdiction that has
elected to participate in the Brownfields Revitalization Incentive Program;
authorizing the Department of Business and Economic Development to provide
certain loans and grants to certain inculpable persons for the environmental site
assessment of certain brownfields sites; requiring the repayment of certain
grants under certain circumstances; providing that certain low-interest loans
convert to market rate loans under certain circumstances; providing for the
ownership of the information contained in certain environmental site
assessments; providing for the application of certain provisions; authorizing the
Department of Business and Economic Development to establish certain
procedures and eligibility requirements for these loans and grants; requiring the
Department of the Environment to establish a certain process for certifying
inculpable persons for certain purposes; establishing certain application and
notification requirements for the certification process; eliminating the
requirement that a jurisdiction that elects to participate in the Brownfields
Revitalization Incentive Program contribute certain moneys to a certain fund
requiring that certain moneys deposited by certain jurisdictions into the
Brownfields Revitalization Incentive Fund be used to provide incentives for
qualified brownfields sites in certain jurisdictions that enacted certain tax
credit ordinances by a certain date; altering the definition of "brownfields site"
to exclude properties for which there exists certain responsible persons; defining
a certain term; include properties for which there exists certain innocent
purchasers; altering the requirements for jurisdictions electing to provide
certain property tax credits for certain property; providing for a certain
contingency; and generally relating to the Brownfields Revitalization Incentive
and Voluntary Cleanup programs.
BY repealing and reenacting, with amendments,
Article 83A - Department of Business and Economic Development
Section 3-901, and 3-902 3-902, and 3-905
Annotated Code of Maryland
(1998 Replacement Volume and 1999 Supplement)
BY adding to
Article—Environment
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