HB 1706 -- BROWNFIELD REMEDIATION PROGRAM (Gambaro)

This bill allows the demolition and reconstruction of buildings
or structures which are not the object of remediation to count
as allowable costs under the Brownfield remediation program if
(1) the buildings or structures are located on an abandoned or
underutilized property which is approved for financial
assistance through the program; and (2) the demolition is part
of a redevelopment plan approved by the Director of the
Department of Economic Development and by the local government
with jurisdiction in the area in which the project is located.
The bill also allows properties immediately adjacent to any
abandoned or underutilized property to qualify as an "eligible
project" under the Brownfield remediation program if the
abandoned or underutilized property meets program requirements.

FISCAL NOTE:  No impact on state funds.

HB 1706 -- BROWNFIELD REMEDIATION PROGRAM

CO-SPONSORS:  Gambaro, Dougherty, Shelton, Kennedy, Hilgemann,
Kreider, Boykins, Bennett

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee
on Commerce by a vote of 26 to 0.

This bill allows the demolition and reconstruction of buildings
or structures which are not the object of remediation to count
as allowable costs under the Brownfield remediation program if
(1) the buildings or structures are located on an abandoned or
underutilized property which is approved for financial
assistance through the program; and (2) the demolition is part
of a redevelopment plan approved by the Director of the
Department of Economic Development and by the local government
with jurisdiction in the area in which the project is located.
The bill also allows properties immediately adjacent to any
abandoned or underutilized property to qualify as an "eligible
project" under the Brownfield remediation program if the
abandoned or underutilized property meets program requirements.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that the bill's provisions will help
communities rehabilitate abandoned properties and promote
community revitalization.

Testifying for the bill were Representative Gambaro; Department
of Economic Development; St. Louis Development Corporation; St.
Louis Regional Commerce and Growth Association; Missouri Chamber
of Commerce; and Associated Industries of Missouri.

OPPONENTS:  There was no opposition voiced to the committee.

Debra Cheshier, Senior Legislative Analyst

HB 1706 - Brownfield Remediation Program

Co-Sponsors:  Gambaro, Dougherty, Shelton, Kennedy, Hilgemann,
Kreider, Boykins, Bennett

This bill allows the demolition and reconstruction of buildings
or structures which are not the object of remediation to count
as allowable costs under the Brownfield remediation program if
(1) the buildings or structures are located on an abandoned or
underutilized property which is approved for financial
assistance through the program; and (2) the demolition is part
of a redevelopment plan approved by the Director of the
Department of Economic Development and by the local government
with jurisdiction in the area in which the project is located.
The bill also allows properties immediately adjacent to any
abandoned or underutilized property to qualify as an "eligible
project" under the Brownfield remediation program if the
abandoned or underutilized property meets program requirements.