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1997 SESSION

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HB 2141 Real property tax; environmental restoration sites.

Introduced by: Jay Katzen | all patrons    ...    notes | add to my profiles

SUMMARY:

Real property tax; environmental restoration sites. Declares that environmental restoration sites constitute a separate classification for local property tax purposes. A locality may exempt or partially exempt such property. An "environmental restoration site" is defined as real estate which contains or did contain environmental contamination from the releases of hazardous substances, hazardous wastes, solid wastes or petroleum, the restoration of which would abate or prevent pollution, and is the subject of a voluntary remediation program and receive an annual certification of eligibility from the Waste Management Board.


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