House Bill 1033 Conference committee report has passed both chambers.
Establishes a procedure for an owner of a brownfield to petition the department of local government finance to waive or reduce the outstanding charges against the brownfield listed on the tax duplicate. . . . Extends the voluntary remediation tax credit by two years. Increases the maximum credit amount and changes the method of computation of the amount. Increases the total amount of credits allowed statewide to $2,000,000. For purposes of the law concerning underground storage tanks and petroleum releases a governmental entity is not an owner or an operator of an underground storage tank or a petroleum facility if the person conveyed ownership or control of the tank or facility to the governmental entity because of circumstances in which the governmental entity involuntarily acquired ownership or control. [Reduces potential liability for such a governmental entity,] Expands the application of the waste tire fee to tires mounted on farm tractors, implements of husbandry, and semitrailers. Requires the environmental quality service council to study during the 2005 interim issues concerning energy matters, including investigating methods to increase research, development, production, and use of alternative fuels.
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