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Schimminger Bill--Sponsor's Memo

 

A07512 Memo:

TITLE  OF  BILL:    An  act  to  amend  the economic development law, in       
relation to the creation of a  new  office  for  smart  development  and       
brownfield  revitalization;  to  amend  the  general  municipal  law, in       
relation to state assistance through the department of economic develop-       
ment for brownfield site planning, assessment, acquisition  and  remedi-       
ation  assistance,  enacting the "New York state land re-use opportunity       
act"; to amend the New York state urban development corporation act,  in       
relation  to  brownfield  site  assessment, acquisition, and remediation       
assistance; to amend the environmental conservation law, in relation  to       
water  pollution,  waste,  inactive  hazardous  waste  site remediation,       
cleanup levels, the voluntary cleanup act,  the  implementation  of  the       
clean water/clean air bond act of 1996, violations of article 27 of such       
law, environmental regulatory program fees; to amend the navigation law,       
in  relation  to  liability  exclusions  in  connection  with  oil spill       
prevention, control, and compensation, the disposition of certain monies       
of the New York environmental protection and  spill  compensation  fund,       
providing for an audit thereof, settlements; to amend the public author-       
ities  law,  in relation to hazardous waste and inactive hazardous waste       
disposal sites for purposes of the New York state environmental  facili-       
ties  corporation;  to amend the public health law, in relation to inac-       
tive hazardous waste disposal sites; to amend the real property law,  in       
relation  to  recording  certain instruments; to amend the real property       
tax law, in relation to exemption from taxation, in  certain  cases;  to       
amend the state finance law, in relation to the hazardous waste remedial       
fund  and  the  remedial program transfer fund; to amend the tax law, in       
relation to the brownfield redevelopment tax credit and tax credits  for       
remediated brownfields; to amend chapter 83 of the laws of 1995 amending       
the  state  finance  law  and  other  laws relating to bonds, notes, and       
revenues, in relation to making certain provisions thereof permanent; to       
amend chapter 54 of the laws of 2002 enacting the health, mental hygiene       
and environmental conservation budget,  in  relation  to  appropriations       
therein;  to  amend  chapter  81  of  the laws of 2002 providing for the       
administration of certain funds and accounts related  to  the  2002-2003       
budget,  in  relation  to  the allocation of certain funds; to amend the       
public authorities law, in relation to state  environmental  infrastruc-       
ture  projects; to repeal section 27-1316 of the environmental conserva-       
tion law relating to a hazardous substance waste disposal site study; to       
repeal section 1389-e of the public health law relating to  a  hazardous       
substance  waste  disposal  site  study; and to repeal subdivision 13 of       
section 97-b of the state finance law relating to  the  state  superfund       
management board                                                               
                                                                               
PURPOSE  OF  THE  BILL: The intent of this legislation is to promote the       
physical, economic, and social revitalization of communities  by  elimi-       
nating  the  barriers  to  the cleanup and redevelopment of contaminated       
sites. The experience of other states, and the approach embodied in  the       
2002 federal Brownfields Revitalization Act, make clear that the econom-       
ic  revitalization  of  contaminated  real  estate, often referred to as       
"brownfields", only occurs when a state adopts an economic  development,       
liability  relief and expedited cleanup process, and abandons approaches       
                                                                               
that emphasize all-encompassing  cleanups  and  rigid  enforcement.  The       
Superfund  enforcement  model,  with its high cost, long time frames and       
pristine cleanup goals, has cost the state billions of  dollars,  pushed       
business  to  neighboring  states,  and  resulted  in relatively few and       
incomplete cleanups. If redevelopers are encouraged to come  forward  by       
establishing  an  attractive  voluntary cleanup program, there will be a       
dramatic increase in  cleanups  and  economic  development  projects.  A       
relentless insistence on pristine cleanups will result in just the oppo-       
site  because  parties will fail to come forward, and contaminated sites       
will continue to stagnate and fester. Stimulating the  redevelopment  of       
brownfields  sites will stem the public health and environmental threats       
posed by unremediated sites, and  promote  "smart  growth"  development.       
This  bill is based on successful sister state programs, the new federal       
law, and New York`s successful Oil Spill Program. The bill requires  the       
Empire  State  Development  Corporation  (ESDC)  to develop an office of       
Smart Development and Brownfield Revitalization to serve as an ombudsman       
for the private sector and the Department of Environmental  Conservation       
(DEC)  to  establish a voluntary remediation program that encourages the       
voluntary cleanup and redevelopment of contaminated property. The legis-       
lation also brings State law  into  compliance  with  the  federal  2002       
Brownfields   Revitalization  Act.  The  Superfund  Program  essentially       
remains intact for the State`s worst sites with recalcitrant responsible       
parties as owners and/or operators other than several newly added amend-       
ments to encourage voluntary cleanup on the part of such parties.              
                                                                               
SUMMARY OF SPECIFIC PROVISIONS: This legislation creates  both  economic       
and  environmental  incentives  for the remediation and redevelopment of       
contaminated property.                                                         
                                                                               
SUMMARY OF ECONOMIC DEVELOPMENT INCENTIVES                                     
                                                                               
This legislation contains a "front loaded"  economic  incentive  package       
that  will  help  municipalities, community based organizations and even       
current private sector owners offset the costs associated with  redevel-       
opment  of  brownfield  sites. In addition, such parties will have a new       
place to go with their questions on economic development incentives  and       
the  State`s  brownfield  incentive  programs in general - the Office of       
Smart Development and Brownfields Revitalization in  ESDC.  Examples  of       
some of the economic development incentives include:                           
                                                                               
-  Land  Re-Use  Opportunity Act. This bill section enacts a new Article       
18-D in the General Municipal Law ("GML") to  establish  the  "New  York       
State  Land  Re-use  Opportunity  Act",  which sets forth criteria under       
which geographic areas may be designated as a  land  re-use  opportunity       
area  ("LROA").  LROAs  can overlap with other zones, but are designated       
for purposes of having access  to  special  brownfields  funding.  Other       
states  have  found that municipalities and local organizations often do       
not know how to redevelop a brownfield neighborhood,  and  have  learned       
that  upfront  planning money assists these parties plan for "packaging"       
the sites for purposes of redevelopment. Competitive grants  of  $25,000       
shall  be available for municipalities and community based organizations       
("CBOs") to support preplanning studies to develop information necessary       
                                                                               
for designating a LROA. Competitive grants of $50,000 shall be available       
for planning grants to assist in the development of plans for the  LROA.       
Once  designated, LROAs shall be entitled to seek grants for remediation       
assistance,   infrastructure  development,  capital  development,  human       
resource development, business assistance, job training, and job  place-       
ment.  These  funding  programs shall be coordinated with existing state       
funding programs already in place by the new office of Smart Growth  and       
Brownfield  Revitalization. This new office can be staffed with existing       
personnel.                                                                     
                                                                               
- Tax Increment Financing Authority. This section authorizes the  estab-       
lishment  of local tax increment funds by which local taxing authorities       
may segregate tax revenues associated with the incremental value created       
by the establishment of a LROA, and the implementation of a  development       
plan  for such area. Incremental revenues can then be used for financial       
incentives and grants or loans to implement  the  development  plan  for       
such area.                                                                     
                                                                               
- Urban Development Corporation Brownfield Site Assessment, Acquisition,       
and  Remediation  assistance  programs.  A new Section 16-n of the Urban       
Development Corporation Act authorizes the establishment of a program of       
grants to municipal governments and community  based  organizations  for       
the acquisition, assessment, remediation or planning of qualified brown-       
field  sites,  and  establishment  of a revolving loan fund for $100,000       
loans to assist private sector owners of qualifying brownfield sites  in       
the  assessment  or remediation of their site. It also provides start-up       
capital grants for the establishment of three  New  York  not-for-profit       
land re-use foundations to facilitate brownfield projects, establishment       
of  brownfields  redevelopment  tax  credit  purchase agreements for the       
purchase of tax credits created by other provisions of this  legislation       
from  taxpayers  who  wish  to sell such credits rather than use them to       
reduce the taxpayers tax liability, establishment of a new  Reclaim  New       
York sector specific grant program to provide grants to owners of quali-       
fied  brownfield  sites where such sites are likely to be used by indus-       
trial or commercial sectors of the economy which have been identified as       
such by ESDC; and special  assistance  for  the  creation  of  community       
facilities on former brownfield sites.                                         
                                                                               
-  Cancellation  or Reduction of Delinquent Taxes for Certain Brownfield       
Sites. A new section 1185 has been added to the Real  Property  Tax  Law       
authorizing  taxing  authorities to reduce or eliminate delinquent taxes       
owed on properties which are remediated pursuant to  the  new  voluntary       
cleanup program.                                                               
                                                                               
-  Real  Property Taxes. Municipalities are given authority to provide a       
real property tax exemption for 100 percent of the increased value of  a       
parcel  for the first three years of a parcel post-remediation, and on a       
sliding scale from 60 to 100 percent for the next seven years.   Munici-       
palities  can  opt  in  or  out  of  this  exemption  program. Also, tax       
districts are given explicit authority to cancel or reduce back taxes on       
properties that are subject to voluntary remediation agreements with the       
DEC.                                                                           
                                                                               
- Tax Credits. A tax credit program is established for sites  that  have       
undergone environmental remediation pursuant to the new voluntary clean-       
up program.                                                                    
                                                                               
SUMMARY OF ENVIRONMENTAL REMEDIATION PROGRAM CHANGES                           
                                                                               
-  Environmental  Restoration  Projects. The bill also modifies the 1996       
Bond Act Program (ECL Part 56) to allow the commissioner to  enter  into       
contracts  with  municipalities  to  provide  90%  rather than 75% state       
assistance to  municipalities  willing  to  undertake  an  environmental       
restoration project, which will benefit the environment by investigation       
and/or  remediation  of  the  proposed property. Other amendments to the       
Bond Act program are also included.                                            
                                                                               
- New Voluntary Cleanup Program.                                               
                                                                               
Scope - Any eligible party is encouraged to conduct cleanups  and  rede-       
velopment  projects  under  the new voluntary cleanup program, including       
some that would be considered "responsible parties". The program can  be       
used  to  address  any  type  of contaminated site ( including hazardous       
waste, hazardous substance, solid waste and petroleum). The major exclu-       
sions are Class 1 and Class 2 Inactive  Hazardous  Waste  Site  Registry       
sites  through the entire state superfund process and Resource Conserva-       
tion Recovery Act (RCRA) sites  through  the  entire  corrective  action       
process.  Incentives  allowing responsible parties to participate during       
an initial six month grace period are  coupled  with  disincentives  for       
failure to participate by requiring surface soil residential cleanups on       
sites  that  remain in the state Superfund program and where the site is       
not redeveloped but "mothballed" by the responsible party owners.              
                                                                               
Cleanup Approach - For too long, New York  brownfields  legislation  has       
been  "hung up" on the "how clean is clean" issue. This bill, unlike any       
previously  introduced  brownfields  bill,   makes   statutorily-defined       
"source removal" a mandatory requirement before use-based cleanup stand-       
ards  can be applied to residual contamination. The Department, with the       
assistance of a technical advisory panel, is  directed  to  develop  use       
based cleanup numbers for residual contamination as an end point for the       
remediation  process after which a liability release is issued. A manda-       
tory and well-defined source removal requirement eliminates the  concern       
that  cleanup  standards can be met simply by paving a site with asphalt       
to meet a number. The bill requires the  DEC  to  adopt  a  three-tiered       
approach  (industrial,  commercial, residential) to establishing cleanup       
standards that address both human health  and  ecological  risks.  These       
tiers  must  include  concentration tables established by the Department       
for specific contaminants and affected environmental media  as  well  as       
provide for calculations which allow modifications based on unique site-       
specific  information and a detailed analysis. Volunteers shall be enti-       
tled to receive the incentives authorized for LROA areas, and a  liabil-       
ity  release  with  only  a  fraud reopener if they electively choose to       
select a cleanup remedy designed to achieve an unrestricted  residential       
cleanup standard.                                                              
                                                                               
Liability  Relief Provisions - Persons conducting cleanups under the new       
brownfields program will receive: a liability release that is binding on       
the State (once applicable cleanup standards are  achieved);  protection       
against  contribution  suits  brought  by other responsible parties; and       
immunity  from  natural  resource  damage  claims. The liability release       
would not apply to other types of common law claims  such  as  torts  or       
trespass.  The release is transferable to subsequent site owners, except       
that it cannot be transferred to a  "responsible  party"  that  did  not       
participate in the remediation agreement. The liability release contains       
several  narrow  "reopeners". Finally, the bill directs the DEC to issue       
"no action letters" if it determines that no remediation is warranted at       
a site.                                                                        
                                                                               
Liability Exemptions - The bill provides liability exemptions for  muni-       
cipalities,  lenders,  secured  creditors,  fiduciaries  and  industrial       
development agencies that hold a financial interest in,  or  hold  title       
to,  a  property in instances where they were not involved in the gener-       
ation or disposal of  contaminants.  This  exemption  would  apply  both       
retrospectively and prospectively for persons holding or taking title to       
property,  and  it  extends liability protection to entities who finance       
remediation and redevelopment projects under this act.  These  liability       
provisions  apply  specifically to hazardous waste and petroleum contam-       
inated sites.                                                                  
                                                                               
Public Participation/Departmental Review - The bill provides  a  defini-       
tive, expedited time line for departmental and public review of proposed       
cleanup  plans. The DEC has fifteen days to determine whether a proposed       
project is eligible to participate in this remedial  program.    Once  a       
draft  voluntary remediation agreement and work plan is submitted to the       
DEC, and the DEC agrees that it is in acceptable form, the bill requires       
that a notice be published in a local paper, and that notice be given to       
municipal officials. The bill  provides  for  a  forty-five  day  public       
comment period, and requires the DEC to approve or disapprove a proposed       
cleanup  plan  within  fifteen  days after the end of the public comment       
period. The DEC can require a public hearing if it deems it necessary.         
                                                                               
JUSTIFICATION: New York is the last industrialized  northeast  state  to       
formally  adopt  Brownfields legislation. Contaminated property, regard-       
less of whether it has been contaminated by hazardous wastes,  hazardous       
substances,  solid wastes, and/or petroleum related substances, can pose       
a threat to public health and the environment, and cause economic blight       
to the surrounding community, especially  in  urban  areas.  The  timely       
cleanup  of  contaminated  sites  by  the private sector, whether by the       
responsible party, current owner or operator  or  by  an  outside  party       
interested  in redeveloping the site, will produce economic and environ-       
mental benefits for the local community and the people of the State, and       
will reduce the need for public funds for remedial projects.  The  reme-       
diation of such sites will also remove a major barrier to their redevel-       
opment, which will produce significant local economic benefits.                
                                                                               
While  the  State`s existing remediation programs, in particular the Oil       
Spills Program, have  made  some  progress  in  addressing  contaminated       
                                                                               
sites,  the State could achieve more timely cleanups through an alterna-       
tive expedited approach  that  standardizes  mandatory  source  removal,       
establishes  reasonable  end-point cleanup standards, provides liability       
releases  once  approved  cleanup standards are met, and makes available       
economic incentives to flip upside-down properties right-side up.  These       
approaches  to  the  remediation and redevelopment of "brownfield" sites       
have proven effective in a number of other  states,  and  in  particular       
other  northeastern states where they have been adopted. New York, which       
has lagged behind our sister northeastern states to adopt this  type  of       
economic  incentive  based  voluntary  cleanup  legislation  must act to       
prevent further urban decay of our cities and municipalities.                  
                                                                               
LEGISLATIVE HISTORY: New Legislation                                           
                                                                               
FISCAL IMPLICATIONS: The costs of oversight by the DEC  are  covered  by       
the voluntary cleanup program participants, so there is little impact on       
the  State  in terms of administrative costs. While the financial incen-       
tives provided by the legislation may result  in  some  minimal  upfront       
costs or reduced or delayed tax revenues, the economic benefits of rede-       
velopment,  and  long-term  increases  in  taxable  value will more than       
offset these reductions. This  fact  has  been  proven  in  states  with       
successful  programs  and  has been documented by the federal government       
through their brownfield grant program.                                        
                                                                               
EFFECTIVE DATE: This act shall take effect  immediately;  provided  that       
sections  forty-eight,  forty-nine,  fifty,  fifty-two, fifty-three, and       
fifty-seven of this act shall apply to taxable  years  beginning  on  or       
after  January  1,  2004,  but  only to site costs incurred and property       
placed in service on or after January 1, 2003; provided further that the       
IMB credit for energy taxes under subsection (t-1) of section 606 of the       
tax law referenced in sections fifty-one and sixty-one of this act shall       
apply to taxable years commencing on and after January 1, 2003 and shall       
expire on the same date as provided in subdivision (a) of section 49  of       
part  Y of chapter 63 of the laws of 2000; and provided further that the       
state comptroller shall notify the legislative bill drafting  commission       
upon  the occurrence of the certification provided for in subdivision 16       
of section 97b of the state finance law in order that the commission may       
maintain an accurate and timely effective data base of the official text       
of the laws of the state of New York in  furtherance  of  effecting  the       
provisions  of section 44 of the legislative law and section 70-b of the       
public officers law.