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IN SR0050
Resolution
Status
Introduced
2/23/2012
Primary Sponsor
Carlin Yoder
Click for details
AI Summary
- Urges the Legislative Council to assign a study committee to examine issues related to using environmentally contaminated property for residential development
- Addresses concerns that environmental remediation costs may not be economically feasible for private developers when the intended future use is residential housing
- Requests study of expanding tax increment financing (TIF) to cover environmental cleanup and related costs for residential redevelopment projects
- Focuses particularly on contaminated properties in cities and towns that would be best suited for residential purposes after remediation
Legislative Description
Study committee on environmental remediation issues.
Last Action
First reading: referred to Committee on Energy and Environmental Affairs
2/23/2012
Full Bill Text
No bill text available