California Statutes
§ 80275. — 80275. (Added by Stats. 2022, Ch. 257, Sec. 2.)
California·Code HSC Health and Safety Code - HSC·Div. 45. DIVISION 45. HAZARDOUS SUBSTANCE RESPONSE·Part 2. PART 2. HAZARDOUS SUBSTANCE ACCOUNT·Ch. 10. CHAPTER 10. Cleanup Loans and Environmental Assistance to Neighborhoods·Art. 1. ARTICLE 1. Definitions
“Underutilized property” means property that meets all of the following conditions:
(a)It is located in an urban area.
(b)An economic activity is conducted on the property.
(c)It is the subject of a proposal for development pursuant to this chapter.
(d)One of the following applies:
(1)The economic activity on the property is irregular or intermittent in nature and uses the property for productive purposes less than four months in any calendar year.
(2)The economic activity on the property employs less than 25 percent of the property for productive purposes.
(3)The structures, infrastructure, and other facilities on the property are antiquated, obsolete, or in such poor repair that they cannot be used for the purposes for which they were originally constructed and require replacement
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California § 80275. (80275. (Added by Stats. 2022, Ch. 257, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2022, Ch. 257, Sec. 2. (AB 2293) Effective January 1, 2023. Operative January 1, 2024, pursuant to Sec. 4 of Stats. 2022, Ch. 257.