§ 5-1.2-12-2 — Indiana brownfields program; establishment; purposes

Indiana § 5-1.2-12-2

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 1.2: INDIANA FINANCE AUTHORITY
• Ch. 12: Indiana Brownfields Program

Text

The Indiana brownfields program is
established to assist in the remediation of brownfields to encourage the
rehabilitation, redevelopment, and reuse of real property by providing
grants, loans, forgivable loans, awards of professional services, or other
financial assistance to or for the benefit of political subdivisions to
conduct any of the following activities:
(1) Identification and acquisition of brownfields within a political
subdivision as suitable candidates for redevelopment.
(2) Environmental assessment of identified brownfields, including
assessment of petroleum and hazardous substances
contamination, and other activities necessary or convenient to
complete the environmental assessments.
(3) Remediation activities conducted on brownfields, including:
(A) remediation of petroleum and hazardous substances
contamination; and
(B) other activities necessary or convenient to complete
remediation activities conducted on brownfields, including
clearance of real property.
(4) Other activities in conjunction with assessment and
remediation activities necessary or convenient to prepare a
brownfield for redevelopment.

Legislative History

As added by P.L.189-2018, SEC.25.