S 2907 - Reimbursement for Contaminated Sites - New Jersey Key Vote

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Title: Reimbursement for Contaminated Sites

Vote Smart's Synopsis:

Vote to pass a bill that authorizes redevelopment agreements for reimbursement to a developer for 75 percent of future remediation costs of contaminated sites for projects that have already begun. The cost or extent of the remediation must exceed $10 million and must have been anticipated at the time the project to redevelop the site was commenced.