House Bill hb1569

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    Florida House of Representatives - 2001                HB 1569

        By Representative Lacasa






  1                      A bill to be entitled

  2         An act relating to rehabilitation of

  3         contaminated sites; amending s. 199.1055, F.S.;

  4         clarifying who may apply for contaminated site

  5         tax credits; clarifying time period for use of

  6         tax credits; amending s. 220.1845, F.S.;

  7         clarifying who may apply for contaminated site

  8         tax credits; clarifying time period for use of

  9         tax credits; allowing taxpayers to claim credit

10         on a consolidated return up to the amount of

11         the consolidated group's tax liability;

12         creating s. 376.30701, F.S.; extending

13         application of risk-based corrective action

14         principles to all contaminated sites resulting

15         from a discharge of pollutants or hazardous

16         substances; providing for contamination cleanup

17         criteria that incorporate risk-based corrective

18         action principles to be adopted by rule;

19         providing clarification that cleanup criteria

20         do not apply to offsite relocation or

21         treatment; providing the conditions under which

22         further rehabilitation may be required;

23         amending s. 376.30781, F.S.; clarifying who may

24         apply for contaminated site tax credits;

25         converting tax credit application time period

26         to calendar year; revising the application

27         deadline; providing that incomplete placeholder

28         applications shall not be accepted; providing

29         for transferability of tax credits; deleting

30         obsolete language; providing an effective date.

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  1  Be It Enacted by the Legislature of the State of Florida:

  2

  3         Section 1.  Subsection (1) of section 199.1055, Florida

  4  Statutes, is amended to read:

  5         199.1055  Contaminated site rehabilitation tax

  6  credit.--

  7         (1)  AUTHORIZATION FOR TAX CREDIT; LIMITATIONS.--

  8         (a)  A credit in the amount of 35 percent of the costs

  9  of voluntary cleanup activity that is integral to site

10  rehabilitation at the following sites is available allowed

11  against any tax due for a taxable year under s. 199.032, less

12  any credit allowed by s. 220.68 for that year:

13         1.  A drycleaning-solvent-contaminated site eligible

14  for state-funded site rehabilitation under s. 376.3078(3);

15         2.  A drycleaning-solvent-contaminated site at which

16  cleanup is undertaken by the real property owner pursuant to

17  s. 376.3078(11), if the real property owner is not also, and

18  has never been, the owner or operator of the drycleaning

19  facility where the contamination exists; or

20         3.  A brownfield site in a designated brownfield area

21  under s. 376.80.

22         (b)  A tax credit applicant, or multiple tax credit

23  applicants taxpayer, or multiple taxpayers working jointly to

24  clean up a single site, may not be granted receive more than

25  $250,000 per year in tax credits for each site voluntarily

26  rehabilitated. Multiple tax credit applicants taxpayers shall

27  be granted receive tax credits in the same proportion as their

28  contribution to payment of cleanup costs. Subject to the same

29  conditions and limitations as provided in this section, a

30  municipality, or county, or other tax credit applicant which

31  voluntarily rehabilitates a site may be granted receive not

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  1  more than $250,000 per year in tax credits which it can

  2  subsequently transfer subject to the provisions in paragraph

  3  (g).

  4         (c)  If the credit granted under this section is not

  5  fully used in any one year because of insufficient tax

  6  liability on the part of the tax credit applicant taxpayer,

  7  the unused amount may be carried forward for a period not to

  8  exceed 5 years. After 5 years from the date a credit is

  9  granted under this section, such credit expires and may not be

10  used. However, if during the 5-year period the credit is

11  transferred, in whole or in part, pursuant to paragraph (g),

12  each transferee has 5 years from the date of transfer to use

13  its credit.

14         (d)  A taxpayer that receives a credit under s.

15  220.1845 is ineligible to receive credit under this section in

16  a given tax year.

17         (e)  A tax credit applicant taxpayer that receives

18  state-funded site rehabilitation pursuant to s. 376.3078(3)

19  for rehabilitation of a drycleaning-solvent-contaminated site

20  is ineligible to receive credit under this section for costs

21  incurred by the tax credit applicant taxpayer in conjunction

22  with the rehabilitation of that site during the same time

23  period that state-administered site rehabilitation was

24  underway.

25         (f)  The total amount of the tax credits which may be

26  granted under this section and s. 220.1845 is $2 million

27  annually.

28         (g)1.  Tax credits that may be available under this

29  section to an entity eligible under s. 376.30781 may be

30  transferred after a merger or acquisition to the surviving or

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  1  acquiring entity and used in the same manner with the same

  2  limitations.

  3         2.  The entity or its surviving or acquiring entity as

  4  described in subparagraph 1., may transfer any unused credit

  5  in whole or in units of no less than 25 percent of the

  6  remaining credit.  The entity acquiring such credit may use it

  7  in the same manner and with the same limitation as described

  8  in this section. Such transferred credits may not be

  9  transferred again although they may succeed to a surviving or

10  acquiring entity subject to the same conditions and

11  limitations as described in this section.

12         3.  In the event the credit provided for under this

13  section is reduced either as a result of a determination by

14  the Department of Environmental Protection or an examination

15  or audit by the Department of Revenue, such tax deficiency

16  shall be recovered from the first entity, or the surviving or

17  acquiring entity, to have claimed such credit up to the amount

18  of credit taken.  Any subsequent deficiencies shall be

19  assessed against any entity acquiring and claiming such

20  credit, or in the case of multiple succeeding entities in the

21  order of credit succession.

22         (h)  In order to encourage completion of site

23  rehabilitation at contaminated sites being voluntarily cleaned

24  up and eligible for a tax credit under this section, the tax

25  credit applicant taxpayer may claim an additional 10 percent

26  of the total cleanup costs, not to exceed $50,000, in the

27  final year of cleanup as evidenced by the Department of

28  Environmental Protection issuing a "no further action" order

29  for that site.

30         Section 2.  Subsection (1) of section 220.1845, Florida

31  Statutes, is amended to read:

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  1         220.1845  Contaminated site rehabilitation tax

  2  credit.--

  3         (1)  AUTHORIZATION FOR TAX CREDIT; LIMITATIONS.--

  4         (a)  A credit in the amount of 35 percent of the costs

  5  of voluntary cleanup activity that is integral to site

  6  rehabilitation at the following sites is available allowed

  7  against any tax due for a taxable year under this chapter:

  8         1.  A drycleaning-solvent-contaminated site eligible

  9  for state-funded site rehabilitation under s. 376.3078(3);

10         2.  A drycleaning-solvent-contaminated site at which

11  cleanup is undertaken by the real property owner pursuant to

12  s. 376.3078(11), if the real property owner is not also, and

13  has never been, the owner or operator of the drycleaning

14  facility where the contamination exists; or

15         3.  A brownfield site in a designated brownfield area

16  under s. 376.80.

17         (b)  A tax credit applicant, or multiple tax credit

18  applicants taxpayer, or multiple taxpayers working jointly to

19  clean up a single site, may not be granted receive more than

20  $250,000 per year in tax credits for each site voluntarily

21  rehabilitated. Multiple tax credit applicants taxpayers shall

22  be granted receive tax credits in the same proportion as their

23  contribution to payment of cleanup costs. Subject to the same

24  conditions and limitations as provided in this section, a

25  municipality, or county, or other tax credit applicant which

26  voluntarily rehabilitates a site may be granted receive not

27  more than $250,000 per year in tax credits which it can

28  subsequently transfer subject to the provisions in paragraph

29  (h).

30         (c)  If the credit granted under this section is not

31  fully used in any one year because of insufficient tax

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  1  liability on the part of the corporation, the unused amount

  2  may be carried forward for a period not to exceed 5 years. The

  3  carryover credit may be used in a subsequent year when the tax

  4  imposed by this chapter for that year exceeds the credit for

  5  which the corporation is eligible in that year under this

  6  section after applying the other credits and unused carryovers

  7  in the order provided by s. 220.02(8). After 5 years from the

  8  date a credit is granted under this section, such credit

  9  expires and may not be used. However, if during the 5-year

10  period the credit is transferred, in whole or in part,

11  pursuant to paragraph (h), each transferee has 5 years from

12  the date of transfer to use its credit.

13         (d)  A taxpayer that files a consolidated return in

14  this state as a member of an affiliated group under s.

15  220.131(1) may be allowed the credit on a consolidated return

16  basis up to the amount of tax imposed upon the consolidated

17  group and paid by the taxpayer that incurred the

18  rehabilitation costs.

19         (e)  A taxpayer that receives credit under s. 199.1055

20  is ineligible to receive credit under this section in a given

21  tax year.

22         (f)  A tax credit applicant taxpayer that receives

23  state-funded site rehabilitation under s. 376.3078(3) for

24  rehabilitation of a drycleaning-solvent-contaminated site is

25  ineligible to receive credit under this section for costs

26  incurred by the tax credit applicant taxpayer in conjunction

27  with the rehabilitation of that site during the same time

28  period that state-administered site rehabilitation was

29  underway.

30

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  1         (g)  The total amount of the tax credits which may be

  2  granted under this section and s. 199.1055 is $2 million

  3  annually.

  4         (h)1.  Tax credits that may be available under this

  5  section to an entity eligible under s. 376.30781 may be

  6  transferred after a merger or acquisition to the surviving or

  7  acquiring entity and used in the same manner and with the same

  8  limitations.

  9         2.  The entity or its surviving or acquiring entity as

10  described in subparagraph 1., may transfer any unused credit

11  in whole or in units of no less than 25 percent of the

12  remaining credit.  The entity acquiring such credit may use it

13  in the same manner and with the same limitation as described

14  in this section. Such transferred credits may not be

15  transferred again although they may succeed to a surviving or

16  acquiring entity subject to the same conditions and

17  limitations as described in this section.

18         3.  In the event the credit provided for under this

19  section is reduced either as a result of a determination by

20  the Department of Environmental Protection or an examination

21  or audit by the Department of Revenue, such tax deficiency

22  shall be recovered from the first entity, or the surviving or

23  acquiring entity, to have claimed such credit up to the amount

24  of credit taken.  Any subsequent deficiencies shall be

25  assessed against any entity acquiring and claiming such

26  credit, or in the case of multiple succeeding entities in the

27  order of credit succession.

28         (i)  In order to encourage completion of site

29  rehabilitation at contaminated sites being voluntarily cleaned

30  up and eligible for a tax credit under this section, the tax

31  credit applicant taxpayer may claim an additional 10 percent

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  1  of the total cleanup costs, not to exceed $50,000, in the

  2  final year of cleanup as evidenced by the Department of

  3  Environmental Protection issuing a "no further action" order

  4  for that site.

  5         Section 3.  Section 376.30701, Florida Statutes, is

  6  created to read:

  7         376.30701  Application of risk-based corrective action

  8  principles to contaminated sites; contamination cleanup

  9  criteria; limitations; reopeners.--

10         (1)  APPLICABILITY.--

11         (a)  This section shall not create or establish any new

12  liability for site rehabilitation at contaminated sites. This

13  section is intended to describe a risk-based corrective action

14  process to be applied at sites where legal responsibility for

15  site rehabilitation exists pursuant to other provisions of

16  chapter 376 or chapter 403.

17         (b)  This section shall apply to all contaminated sites

18  resulting from a discharge of pollutants or hazardous

19  substances where legal responsibility for site rehabilitation

20  exists pursuant to other provisions of chapter 376 or chapter

21  403, except for those contaminated sites subject to the

22  risk-based corrective action cleanup criteria established for

23  the petroleum, brownfields, and drycleaning programs pursuant

24  to ss. 376.3071, 376.81, and 376.3078, respectively.

25         (c)  This section shall apply to a variety of site

26  rehabilitation scenarios, including, but not limited to, site

27  rehabilitation conducted voluntarily, site rehabilitation

28  conducted pursuant to the department's enforcement authority,

29  and site rehabilitation conducted as a state-managed cleanup

30  by the department.

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  1         (d)  This section, and any rules adopted pursuant to

  2  this section, shall apply retroactively to all existing

  3  contaminated sites where legal responsibility for site

  4  rehabilitation exists pursuant to other provisions of chapter

  5  376 or chapter 403, except those sites for which cleanup

  6  target levels have been accepted by the department in an

  7  approved technical document, current permit, or other written

  8  agreement and except at those sites that have received a "no

  9  further action" order or a site rehabilitation completion

10  order from the department. However, the person responsible for

11  site rehabilitation may elect to have the provisions of this

12  section, including cleanup target levels established pursuant

13  to this section, apply in lieu of those in an approved

14  technical document, current permit, or other written

15  agreement.

16         (e)  Nothing in this section shall be construed to

17  prohibit or delay actions to respond to a discharge of

18  pollutants or hazardous substances prior to any contact with

19  the department. The risk-based corrective action process

20  contemplates appropriate emergency response action or initial

21  remedial action prior to any formal application of the

22  risk-based corrective action process involving site

23  assessment, and, if required, subsequent remedial action. Any

24  emergency response actions or initial remedial actions must be

25  conducted in accordance with all applicable federal, state,

26  and local laws and regulations.

27         (2)  CONTAMINATION CLEANUP CRITERIA.--It is the intent

28  of the Legislature to protect the health of all people under

29  actual circumstances of exposure. By July 1, 2002, the

30  secretary of the department shall establish criteria by rule

31  for the purpose of determining, on a site-specific basis, the

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  1  rehabilitation program tasks that comprise a site

  2  rehabilitation program, including a voluntary site

  3  rehabilitation program, and the level at which a

  4  rehabilitation program task and a site rehabilitation program

  5  may be deemed completed. In establishing these rules, the

  6  department shall apply, to the maximum extent feasible, a

  7  risk-based corrective action process to achieve protection of

  8  human health and safety and the environment in a

  9  cost-effective manner based on the principles set forth in

10  this subsection. These rules shall prescribe a phased

11  risk-based corrective action process that is iterative and

12  that tailors site rehabilitation tasks to site-specific

13  conditions and risks. The department and the person

14  responsible for site rehabilitation are encouraged to

15  establish decision points at which risk management decisions

16  will be made. The department shall provide an early decision,

17  when requested, regarding applicable exposure factors and a

18  risk management approach based on the current and future land

19  use at the site. These rules shall also include protocols for

20  the use of natural attenuation, the use of institutional and

21  engineering controls, and the issuance of "no further action"

22  letters. The criteria for determining what constitutes a

23  rehabilitation program task or completion of a site

24  rehabilitation program task or site rehabilitation program,

25  including a voluntary site rehabilitation program, must:

26         (a)  Consider the current exposure and potential risk

27  of exposure to humans and the environment, including multiple

28  pathways of exposure. The physical, chemical, and biological

29  characteristics of each contaminant must be considered in

30  order to determine the feasibility of risk-based corrective

31  action assessment.

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  1         (b)  Establish the point of compliance at the source of

  2  the contamination. However, the department is authorized to

  3  temporarily move the point of compliance to the boundary of

  4  the property, or to the edge of the plume when the plume is

  5  within the property boundary, while cleanup, including cleanup

  6  through natural attenuation processes in conjunction with

  7  appropriate monitoring, is proceeding. The department also is

  8  authorized, pursuant to criteria provided for in this section,

  9  to temporarily extend the point of compliance beyond the

10  property boundary with appropriate monitoring, if such

11  extension is needed to facilitate natural attenuation or to

12  address the current conditions of the plume, provided human

13  health, public safety, and the environment are protected. When

14  temporarily extending the point of compliance beyond the

15  property boundary, it may not be extended further than the

16  lateral extent of the plume, if known, at the time of

17  execution of a cleanup agreement if required, or the lateral

18  extent of the plume as defined at the time of site assessment.

19  Temporary extension of the point of compliance beyond the

20  property boundary, as provided in this paragraph, must include

21  actual notice by the person responsible for site

22  rehabilitation to local governments and the owners of any

23  property into which the point of compliance is allowed to

24  extend and constructive notice to residents and business

25  tenants of the property into which the point of compliance is

26  allowed to extend. Persons receiving notice pursuant to this

27  paragraph shall have the opportunity to comment within 30 days

28  from receipt of the notice.

29         (c)  Ensure that the site-specific cleanup goal is that

30  all contaminated sites being cleaned up pursuant to this

31  section ultimately achieve the applicable cleanup target

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  1  levels provided in this subsection. While proceeding pursuant

  2  to this subsection, and after constructive notice and

  3  opportunity to comment within 30 days from receipt of the

  4  notice to local government, to owners of any property into

  5  which the point of compliance is allowed to extend, and to

  6  residents on any property into which the point of compliance

  7  is allowed to extend, the department may allow concentrations

  8  of contaminants to temporarily exceed the applicable cleanup

  9  target levels while cleanup, including cleanup through natural

10  attenuation processes in conjunction with appropriate

11  monitoring, is proceeding, if human health, public safety, and

12  the environment are protected.

13         (d)  Allow the use of institutional or engineering

14  controls at contaminated sites being cleaned up pursuant to

15  this section, where appropriate, to eliminate or control the

16  potential exposure to contaminants of humans or the

17  environment. The use of controls must be preapproved by the

18  department and only after constructive notice and opportunity

19  to comment within 30 days from receipt of the notice are

20  provided to local governments, to owners of any property into

21  which the point of compliance is allowed to extend, and to

22  residents on any property into which the point of compliance

23  is allowed to extend. When institutional or engineering

24  controls are implemented to control exposure, the removal of

25  the controls must have prior department approval and must be

26  accompanied by the resumption of active cleanup, or other

27  approved controls, unless cleanup target levels under this

28  section have been achieved.

29         (e)  Consider the additive effects of contaminants. The

30  synergistic and antagonistic effects shall also be considered

31  when the scientific data become available.

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  1         (f)  Take into consideration individual site

  2  characteristics, which shall include, at a minimum, the

  3  current and projected use of the affected groundwater and

  4  surface water in the vicinity of the site, the current and

  5  projected land uses of the area affected by the contamination,

  6  the exposed population, the degree and extent of

  7  contamination, the rate of contaminant migration, the apparent

  8  or potential rate of contaminant degradation through natural

  9  attenuation processes, the location of the plume, and the

10  potential for further migration in relation to site property

11  boundaries.

12         (g)  Apply state water quality standards as follows:

13         1.  Cleanup target levels for each contaminant found in

14  groundwater shall be the applicable state water quality

15  standards. Where such standards do not exist, the cleanup

16  target levels for groundwater shall be based on the minimum

17  criteria specified in department rule. The department shall

18  apply the following, as appropriate, in establishing the

19  applicable cleanup target levels: calculations using a

20  lifetime cancer risk level of 1.0E-6; a hazard index of 1 or

21  less; the best achievable detection limit; and nuisance,

22  organoleptic, and aesthetic considerations. However, the

23  department shall not require site rehabilitation to achieve a

24  cleanup target level for any individual contaminant that is

25  more stringent than the site-specific, naturally occurring

26  background concentration for that contaminant.

27         2.  Where surface waters are exposed to contaminated

28  groundwater, the cleanup target levels for the contaminants

29  shall be based on the more protective of the groundwater or

30  surface water standards as established by department rule. The

31  point of measuring compliance with the surface water standards

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  1  shall be in the groundwater immediately adjacent to the

  2  surface water body.

  3         3.  Using risk-based corrective action principles, the

  4  department shall approve alternative cleanup target levels in

  5  conjunction with institutional and engineering controls, if

  6  needed, based upon an applicant's demonstration, using

  7  site-specific data, modeling results, risk-assessment studies,

  8  risk-reduction techniques, or a combination thereof, that

  9  human health, public safety, and the environment are protected

10  to the same degree as provided in subparagraphs 1. and 2.

11  Where a state water quality standard is applicable, a

12  deviation may not result in the application of cleanup target

13  levels more stringent than the standard. In determining

14  whether it is appropriate to establish alternative cleanup

15  target levels at a site, the department must consider the

16  effectiveness of source removal, if any, that has been

17  completed at the site and the practical likelihood of the use

18  of low-yield or poor-quality groundwater, the use of

19  groundwater near marine surface water bodies, the current and

20  projected use of the affected groundwater in the vicinity of

21  the site, or the use of groundwater in the immediate vicinity

22  of the contaminated area, where it has been demonstrated that

23  the groundwater contamination is not migrating away from such

24  localized source, provided human health, public safety, and

25  the environment are protected.

26         (h)  Provide for the department to issue a "no further

27  action" order, with conditions, including the use of

28  institutional or engineering controls where appropriate, when

29  alternative cleanup target levels established pursuant to

30  subparagraph (g)3. have been achieved, or when the person

31  responsible for site rehabilitation can demonstrate that the

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  1  cleanup target level is unachievable within available

  2  technologies. Prior to issuing such an order, the department

  3  shall consider the feasibility of an alternative site

  4  rehabilitation technology at the contaminated site.

  5         (i)  Establish appropriate cleanup target levels for

  6  soils.

  7         1.  In establishing soil cleanup target levels for

  8  human exposure to each contaminant found in soils from the

  9  land surface to 2 feet below land surface, the department

10  shall apply the following, as appropriate: calculations using

11  a lifetime cancer risk level of 1.0E-6; a hazard index of 1 or

12  less; and the best achievable detection limit. However, the

13  department shall not require site rehabilitation to achieve a

14  cleanup target level for an individual contaminant that is

15  more stringent than the site-specific, naturally occurring

16  background concentration for that contaminant. Institutional

17  controls or other methods shall be used to prevent human

18  exposure to contaminated soils more than 2 feet below the land

19  surface. Any removal of such institutional controls shall

20  require such contaminated soils to be remediated.

21         2.  Leachability-based soil cleanup target levels shall

22  be based on protection of the groundwater cleanup target

23  levels or the alternate cleanup target levels for groundwater

24  established pursuant to this paragraph, as appropriate. Source

25  removal and other cost-effective alternatives that are

26  technologically feasible shall be considered in achieving the

27  leachability soil cleanup target levels established by the

28  department. The leachability goals shall not be applicable if

29  the department determines, based upon individual site

30  characteristics, and in conjunction with institutional and

31  engineering controls, if needed, that contaminants will not

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  1  leach into the groundwater at levels that pose a threat to

  2  human health, public safety, and the environment.

  3         3.  Using risk-based corrective action principles, the

  4  department shall approve alternative cleanup target levels in

  5  conjunction with institutional and engineering controls, if

  6  needed, based upon an applicant's demonstration, using

  7  site-specific data, modeling results, risk-assessment studies,

  8  risk-reduction techniques, or a combination thereof, that

  9  human health, public safety, and the environment are protected

10  to the same degree as provided in subparagraphs 1. and 2.

11

12  The department shall require source removal, as a

13  risk-reduction measure, if warranted and cost-effective. Once

14  source removal at a site is complete, the department shall

15  reevaluate the site to determine the degree of active cleanup

16  needed to continue. Further, the department shall determine if

17  the reevaluated site qualifies for monitoring only or if no

18  further action is required to rehabilitate the site. If

19  additional site rehabilitation is necessary to reach "no

20  further action" status, the department is encouraged to

21  utilize natural attenuation and monitoring where site

22  conditions warrant.

23         (3)  LIMITATIONS.--The cleanup criteria established

24  pursuant to this section govern only site rehabilitation

25  activities occurring at the contaminated site. Removal of

26  contaminated media from a site for offsite relocation or

27  treatment must be in accordance with all applicable federal,

28  state, and local laws, rules, and regulations.

29         (4)  REOPENERS.--Upon completion of site rehabilitation

30  in compliance with subsection (2), additional site

31  rehabilitation is not required unless it is demonstrated that:

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  1         (a)  Fraud was committed in demonstrating site

  2  conditions or completion of site rehabilitation;

  3         (b)  New information confirms the existence of an area

  4  of previously unknown contamination that exceeds the

  5  site-specific rehabilitation levels established in accordance

  6  with subsection (2), or that otherwise poses the threat of

  7  real and substantial harm to human health, public safety, or

  8  the environment;

  9         (c)  The remediation efforts failed to achieve the site

10  rehabilitation criteria established under this section;

11         (d)  The level of risk is increased beyond the

12  acceptable risk established under subsection (2) due to

13  substantial changes in exposure conditions, such as a change

14  in land use from nonresidential to residential use. Any person

15  who changes the land use of the site, thus causing the level

16  of risk to increase beyond the acceptable risk level, may be

17  required by the department to undertake additional remediation

18  measures to assure that human health, public safety, and the

19  environment are protected consistent with this section; or

20         (e)  A new discharge of pollutants or hazardous

21  substances occurs at the site subsequent to the issuance of a

22  "no further action" letter or site rehabilitation completion

23  order associated with the original contamination being

24  addressed pursuant to this section.

25         Section 4.  Section 376.30781, Florida Statutes, is

26  amended to read:

27         376.30781  Partial tax credits for rehabilitation of

28  drycleaning-solvent-contaminated sites and brownfield sites in

29  designated brownfield areas; application process; rulemaking

30  authority; revocation authority.--

31         (1)  The Legislature finds that:

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  1         (a)  To facilitate property transactions and economic

  2  growth and development, it is in the interest of the state to

  3  encourage the cleanup, at the earliest possible time, of

  4  drycleaning-solvent-contaminated sites and brownfield sites in

  5  designated brownfield areas.

  6         (b)  It is the intent of the Legislature to encourage

  7  the voluntary cleanup of drycleaning-solvent-contaminated

  8  sites and brownfield sites in designated brownfield areas by

  9  providing a partial tax credit for the restoration of such

10  property in specified circumstances.

11         (2)(a)  A credit in the amount of 35 percent of the

12  costs of voluntary cleanup activity that is integral to site

13  rehabilitation at the following sites is allowed pursuant to

14  ss. 199.1055 and 220.1845:

15         1.  A drycleaning-solvent-contaminated site eligible

16  for state-funded site rehabilitation under s. 376.3078(3);

17         2.  A drycleaning-solvent-contaminated site at which

18  cleanup is undertaken by the real property owner pursuant to

19  s. 376.3078(11), if the real property owner is not also, and

20  has never been, the owner or operator of the drycleaning

21  facility where the contamination exists; or

22         3.  A brownfield site in a designated brownfield area

23  under s. 376.80.

24         (b)  A tax credit applicant, or multiple tax credit

25  applicants taxpayer, or multiple taxpayers working jointly to

26  clean up a single site, may not be granted receive more than

27  $250,000 per year in tax credits for each site voluntarily

28  rehabilitated. Multiple tax credit applicants taxpayers shall

29  be granted receive tax credits in the same proportion as their

30  contribution to payment of cleanup costs. Tax credits are

31  available only for site rehabilitation conducted during the

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  1  calendar tax year for in which the tax credit application is

  2  submitted.

  3         (c)  In order to encourage completion of site

  4  rehabilitation at contaminated sites that are being

  5  voluntarily cleaned up and that are eligible for a tax credit

  6  under this section, the tax credit applicant may claim an

  7  additional 10 percent of the total cleanup costs, not to

  8  exceed $50,000, in the final year of cleanup as evidenced by

  9  the department of Environmental Protection issuing a "no

10  further action" order for that site.

11         (3)  The department of Environmental Protection shall

12  be responsible for allocating the tax credits provided for in

13  ss. 199.1055 and 220.1845, not to exceed a total of $2 million

14  in tax credits annually.

15         (4)  To claim the credit for site rehabilitation

16  conducted during the current calendar year, each tax credit

17  applicant must apply to the department of Environmental

18  Protection for an allocation of the $2 million annual credit

19  by January 15 of the following year December 31 on a form

20  developed by the department of Environmental Protection in

21  cooperation with the Department of Revenue. The form shall

22  include an affidavit from each tax credit applicant certifying

23  that all information contained in the application, including

24  all records of costs incurred and claimed in the tax credit

25  application, are true and correct. If the application is

26  submitted pursuant to subparagraph (2)(a)2., the form must

27  include an affidavit signed by the real property owner stating

28  that it is not, and has never been, the owner or operator of

29  the drycleaning facility where the contamination exists.

30  Approval of partial tax credits must be accomplished on a

31  first-come, first-served basis based upon the date complete

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  1  applications are received by the Division of Waste Management.

  2  A tax credit An applicant shall submit only one complete

  3  application per site for each calendar year's site

  4  rehabilitation costs. Incomplete placeholder applications

  5  shall not be accepted and will not secure a place in the

  6  first-come, first-served application priority order per year.

  7  To be eligible for a tax credit, the tax credit applicant

  8  must:

  9         (a)  Have entered into a voluntary cleanup agreement

10  with the department of Environmental Protection for a

11  drycleaning-solvent-contaminated site or a Brownfield Site

12  Rehabilitation Agreement, as applicable; and

13         (b)  Have paid all deductibles pursuant to s.

14  376.3078(3)(d) for eligible drycleaning-solvent-cleanup

15  program sites.

16         (5)  To obtain the tax credit certificate, a tax credit

17  an applicant must annually file an application for

18  certification, which must be received by the Division of Waste

19  Management Department of Environmental Protection by January

20  15 of the year following the calendar year for which site

21  rehabilitation costs are being claimed in a tax credit

22  application December 31. The tax credit applicant must provide

23  all pertinent information requested on the tax credit

24  application form, including, at a minimum, the name and

25  address of the tax credit applicant and the address and

26  tracking identification number of the eligible site. Along

27  with the application form, the tax credit applicant must

28  submit the following:

29         (a)  A nonrefundable review fee of $250 made payable to

30  the Water Quality Assurance Trust Fund to cover the

31

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  1  administrative costs associated with the department's review

  2  of the tax credit application;

  3         (b)  Copies of contracts and documentation of contract

  4  negotiations, accounts, invoices, sales tickets, or other

  5  payment records from purchases, sales, leases, or other

  6  transactions involving actual costs incurred for that tax year

  7  related to site rehabilitation, as that term is defined in ss.

  8  376.301 and 376.79;

  9         (c)  Proof that the documentation submitted pursuant to

10  paragraph (b) has been reviewed and verified by an independent

11  certified public accountant in accordance with standards

12  established by the American Institute of Certified Public

13  Accountants. Specifically, the certified public accountant

14  must attest to the accuracy and validity of the costs incurred

15  and paid by conducting an independent review of the data

16  presented by the applicant. Accuracy and validity of costs

17  incurred and paid would be determined once the level of effort

18  was certified by an appropriate professional registered in

19  this state in each contributing technical discipline.  The

20  certified public accountant's report would also attest that

21  the costs included in the application form are not duplicated

22  within the application. A copy of the accountant's report

23  shall be submitted to the Department of Environmental

24  Protection with the tax credit application; and

25         (d)  A certification form stating that site

26  rehabilitation activities associated with the documentation

27  submitted pursuant to paragraph (b) have been conducted under

28  the observation of, and related technical documents have been

29  signed and sealed by, an appropriate professional registered

30  in this state in each contributing technical discipline. The

31  certification form shall be signed and sealed by the

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  1  appropriate registered professionals stating that the costs

  2  incurred were integral, necessary, and required for site

  3  rehabilitation, as that term is defined in ss. 376.301 and

  4  376.79.

  5         (6)  The certified public accountant and appropriate

  6  registered professionals submitting forms as part of a tax

  7  credit application must verify such forms. Verification must

  8  be accomplished as provided in s. 92.525(1)(b) and subject to

  9  the provisions of s. 92.525(3).

10         (7)  The department of Environmental Protection shall

11  review the tax credit application, and any supplemental

12  documentation that the tax credit applicant may submit prior

13  to the annual application deadline in order to have the

14  application considered complete submitted by each applicant,

15  for the purpose of verifying that the tax credit applicant has

16  met the qualifying criteria in subsections (2) and (4) and has

17  submitted all required documentation listed in subsection (5).

18  Upon verification that the tax credit applicant has met these

19  requirements, the department shall issue a written decision

20  granting eligibility for partial tax credits (a tax credit

21  certificate) in the amount of 35 percent of the total costs

22  claimed, subject to the $250,000 limitation, for the calendar

23  tax year for in which the tax credit application is submitted

24  based on the report of the certified public accountant and the

25  certifications from the appropriate registered technical

26  professionals.

27         (8)  On or before March 1, the department of

28  Environmental Protection shall inform each eligible tax credit

29  applicant of the amount of its partial tax credit and provide

30  each eligible tax credit applicant with a tax credit

31  certificate that must be submitted with its tax return to the

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  1  Department of Revenue to claim the tax credit or be

  2  transferred pursuant to s. 199.1055(1)(g) or s.

  3  220.1845(1)(h). Credits will not result in the payment of

  4  refunds if total credits exceed the amount of tax owed.

  5         (9)  If a tax credit an applicant does not receive a

  6  tax credit allocation due to an exhaustion of the $2 million

  7  annual tax credit authorization, such application will then be

  8  included in the same first-come, first-served order in the

  9  next year's annual tax credit allocation, if any, based on the

10  prior year application.

11         (10)  The department of Environmental Protection may

12  adopt rules to prescribe the necessary forms required to claim

13  tax credits under this section and to provide the

14  administrative guidelines and procedures required to

15  administer this section. Prior to the adoption of rules

16  regulating the tax credit application, the department shall,

17  by September 1, 1998, establish reasonable interim application

18  requirements and forms.

19         (11)  The department of Environmental Protection may

20  revoke or modify any written decision granting eligibility for

21  partial tax credits under this section if it is discovered

22  that the tax credit applicant submitted any false statement,

23  representation, or certification in any application, record,

24  report, plan, or other document filed in an attempt to receive

25  partial tax credits under this section. The department of

26  Environmental Protection shall immediately notify the

27  Department of Revenue of any revoked or modified orders

28  affecting previously granted partial tax credits.

29  Additionally, the tax credit applicant taxpayer must notify

30  the Department of Revenue of any change in its tax credit

31  claimed.

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  1         (12)  A tax credit applicant An owner, operator, or

  2  real property owner who receives state-funded site

  3  rehabilitation under s. 376.3078(3) for rehabilitation of a

  4  drycleaning-solvent-contaminated site is ineligible to receive

  5  a tax credit under s. 199.1055 or s. 220.1845 for costs

  6  incurred by the tax credit applicant taxpayer in conjunction

  7  with the rehabilitation of that site during the same time

  8  period that state-administered site rehabilitation was

  9  underway.

10         Section 5.  This act shall take effect upon becoming a

11  law.

12

13            *****************************************

14                          HOUSE SUMMARY

15
      Clarifies who may apply for tax credits for dry-cleaning
16    and brownfield contaminated site cleanup, and clarifies
      the time period for use of such tax credits. Allows
17    taxpayers to claim credit on a consolidated return up to
      the amount of the consolidated group's tax liability.
18    Revises the tax credit application process to convert to
      calendar year, move the application deadline from
19    December 31 to January 15, and eliminate placeholder
      applications. Extends application of risk-based
20    corrective action principles to all contaminated sites
      resulting from a discharge of pollutants or hazardous
21    substances. Provides for contamination cleanup criteria
      that incorporate risk-based corrective action principles
22    to be adopted by Department of Environmental Protection
      rule. Provides clarification that cleanup criteria do not
23    apply to offsite relocation or treatment. Provides the
      conditions under which further rehabilitation may be
24    required. See bill for details.

25

26

27

28

29

30

31

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