Senate Fiscal Responsibility and Economic Development Hearing
Finance and Taxation at 15:00:00

SB314 would extend liability protections to potentially responsible parties in Alabama’s brownfield cleanup, create a Brownfield Remediation Reserve Fund to cover post-cleanup costs, and authorize Brownfield Redevelopment Districts to oversee cleanup and redevelopment.
The bill would allow potentially responsible parties to receive liability limitations when they participate in the voluntary cleanup program. It creates the Brownfield Remediation Reserve Fund to help pay post-remediation costs on qualifying properties, funded by contributions (including a $500 per acre fee) and department fees, with a per-property cap and rules about not paying for noncompliance. It authorizes the formation of Brownfield Redevelopment Districts as public corporations to manage remediation and redevelopment, including governance, property acquisitions, and limited liability for district directors and staff. It also updates definitions and requires environmental covenants and department rules to implement the program and regulate cleanup standards.
Indefinitely Postpone
Read Second Time in House of Origin
Reported Out of Committee in House of Origin
Reported Favorably from Senate Fiscal Responsibility and Economic Development
Reported Favorably from Senate Fiscal Responsibility and Economic Development
Introduced and Referred to Senate Fiscal Responsibility and Economic Development
Read First Time in House of Origin
Finance and Taxation at 15:00:00
Source: Alabama Legislature