If enacted, this bill would amend current statutes related to hazardous substance liability by introducing new notification requirements for property owners of qualifying properties that are contaminated. Specifically, the bill mandates that owners must provide written notice to prospective buyers if potential liability could be transferred, as well as to the Director of the Arizona Department of Environmental Quality (ADEQ) and the State Mine Inspector if applicable. The notice must occur at various stages, including when the property is listed for sale, under contract, and upon completion of the sale.

Additionally, the bill defines "qualifying property" and outlines the conditions under which the property is considered contaminated, including sites on the WQARF registry or those where the ADEQ has authorized responses to hazardous substance releases. The bill also makes several technical changes to existing language, such as replacing terms like "permitted" with "allowed," and clarifying the liability of property owners under specific circumstances. Overall, these updates aim to enhance transparency and accountability in the sale of contaminated properties.

Statutes affected:
Introduced Version: 49-283