Senate Bill 1264 Summary

• Revises legislative findings to clarify that financial assistance promotes economic revitalization particularly in rural communities and reduces adversarial enforcement actions for voluntary cleanup participants.

• Changes terminology from "eligible property owner" to "eligible property owner participant" throughout the code to reflect those conducting voluntary cleanups rather than passive property owners.

• Corrects spelling of "rescission" (previously "recision") in Section 39-7208 regarding the Department of Environmental Quality's authority to rescind voluntary remediation agreements, certificates of completion, or covenants not to sue.

• Authorizes state financial assistance of up to $150,000 per project (70% of qualifying remediation costs) for eligible participants, with maximum overall funding of $1,500,000 for up to 10 projects.

• Establishes July 1, 2022 as the effective date and declares an emergency for the act's implementation.