The bill amends several sections of Florida Statutes concerning the management and rehabilitation of brownfield sites, primarily by removing the requirement for property owners to provide information about institutional controls to local governments and eliminating local government mapping requirements. It mandates that sites receiving a site rehabilitation completion order without institutional controls be removed from the registry of contaminated sites. Additionally, the bill revises the conditions for applicants seeking tax credits for site rehabilitation, specifying a two-year submission timeframe after receiving a completion order and updating eligibility criteria. The Department of Environmental Protection is also tasked with issuing annual site rehabilitation tax credit certificates by June 1 and responding to applicants within 120 days.

Furthermore, the bill introduces new definitions and clarifies legislative intent regarding brownfield site rehabilitation and redevelopment, emphasizing the removal of barriers to achieving "No Further Action" status for sites within larger contaminated areas. It modifies the economic development ad valorem tax exemption process to allow local governments to grant exemptions for new businesses and expansions in brownfield areas. The bill also establishes a framework for prioritizing funding applications for agricultural education facilities located in brownfield sites. Set to take effect on July 1, 2025, the bill aims to streamline processes, promote economic development, and ensure environmental safety in the reuse of brownfield sites.

Statutes affected:
H 733 Filed: 376.78, 196.1995, 288.1175
H 733 c1: 376.78, 196.1995, 288.1175