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PARRIS N. GLENDENING, Governor
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H.B. 331
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(II) MEETS THE ELIGIBILITY REQUIREMENTS ESTABLISHED BY
THE DEPARTMENT.
(2) (I) IF AN ENVIRONMENTAL ASSESSMENT IS FINANCED IN WHOLE
OR IN PART WITH A GRANT FROM THE DEPARTMENT, OR BY A LOAN THAT IS IN
PAYMENT DEFAULT, THE INFORMATION CONTAINED IN THE ENVIRONMENTAL
ASSESSMENT IS THE PROPERTY OF THE STATE.
(II) IF AN ENVIRONMENTAL ASSESSMENT IS FINANCED BY A LOAN
FROM THE DEPARTMENT, OR BY A GRANT THAT IS REPAID, THE INFORMATION
CONTAINED IN THE ENVIRONMENTAL ASSESSMENT IS THE PROPERTY OF THE
PERSON WHO CONTRACTED FOR THE ASSESSMENT.
(3) ELIGIBILITY FOR FINANCIAL ASSISTANCE FOR ENVIRONMENTAL
ASSESSMENTS UNDER PARAGRAPH (1) OF THIS SUBSECTION DOES NOT CONSTITUTE
ELIGIBILITY FOR ANY OTHER FINANCIAL INCENTIVES UNDER THIS SUBTITLE OR
FOR THE TAX CREDITS PROVIDED UNDER § 9-229 OF THE TAX - PROPERTY ARTICLE.
(4) A RECIPIENT OF A GRANT UNDER PARAGRAPH (1) OF THIS
SUBSECTION MUST REPAY THE GRANT IF THE RECIPIENT, WITHIN 12 MONTHS
AFTER RECEIVING THE GRANT, DOES NOT APPLY TO AND RECEIVE APPROVAL FROM
THE DEPARTMENT OF THE ENVIRONMENT:
(I) TO PARTICIPATE IN THE VOLUNTARY CLEANUP PROGRAM
UNDER TITLE 7, SUBTITLE 5 OF THE ENVIRONMENT ARTICLE; OR
(II) FOR THE IMPLEMENTATION OF A CORRECTIVE ACTION PLAN
UNDER TITLE 4 OF THE ENVIRONMENT ARTICLE.
(5) A LOW-INTEREST LOAN PROVIDED UNDER PARAGRAPH (1) OF THIS
SUBSECTION SHALL CONVERT TO A MARKET RATE LOAN IF THE RECIPIENT OF THE
LOAN, WITHIN 12 MONTHS AFTER RECEIVING THE LOAN, DOES NOT APPLY TO AND
RECEIVE APPROVAL FROM THE DEPARTMENT OF THE ENVIRONMENT:
(I) TO PARTICIPATE IN THE VOLUNTARY CLEANUP PROGRAM
UNDER TITLE 7, SUBTITLE 5 OF THE ENVIRONMENT ARTICLE; OR
(II) FOR THE IMPLEMENTATION OF A CORRECTIVE ACTION PLAN
UNDER TITLE 4 OF THE ENVIRONMENT ARTICLE.
(6) THE DEPARTMENT MAY ESTABLISH PROCEDURES AND ELIGIBILITY
REQUIREMENTS FOR THE APPROVAL OF REQUESTS FOR LOANS AND GRANTS UNDER
PARAGRAPH (1) OF THIS SUBSECTION.
3-903.
(e) (1) The Department shall develop a program of financial incentives,
including low interest loans and grants, to assist persons who participate in the
Brownfields Revitalization Incentive Program.
(2) THE FOLLOWING PERSONS ARE NOT ELIGIBLE FOR FINANCIAL
INCENTIVES FROM THE PROGRAM OR FOR THE TAX CREDITS PROVIDED UNDER §
9-229 OF THE TAX - PROPERTY ARTICLE:
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- 4397 -
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