HARTFORD, CT - On Thursday State Representative John Shaban (R-135) voted in favor of important revisions to the state’s Brownfields laws -- measures that he both proposed and helped draft. The new law will enable developers to remediate contaminated sites (aka “Brownfields”) in stages, resulting in quicker remediation of environmentally impacted areas.
Under current law, contaminated sites must be remediated in their entirety before DEEP will certify the site as clean and free to sell under the state’s existing verification standards. Shaban, the Ranking Member of the Environment Committee and an environmental lawyer, worked with other key Republicans and Democrats on the Environment and Commerce Committees to craft HB 5573. The bill creates a new “interim verification” process, which will allow contaminated properties to be certified in stages, thus allowing the remediated section to be sold, leveraged and/or financed to help fund future work at the site.
“This measure makes good environmental and business sense,” said Rep. Shaban. “Currently, developers must work through a lengthy and tedious remediation and verification process before being able to realize a return on their investment. This bill allows developers to monetize their investment in stages, giving them more funds and more freedom to buy, clean and put back into use the thousands of acres of contaminated sites throughout Connecticut.”
HB 5573, An Act Concerning Brownfield Remediation and Development passed the House by a vote of 144-0. It now heads to the State Senate for action there. This session of the Connecticut General Assembly concludes at midnight, Wednesday, May 7th.