The bill amends existing laws regarding the sale of abandoned properties and the permitting of energy storage systems. It introduces new provisions that allow receivers to sell buildings and properties that have been deemed public nuisances, provided certain conditions are met, such as the abatement of the nuisance or the approval of an abatement plan. The bill establishes a process for prioritizing sales to parties that commit to designating the property for low- and moderate-income housing, reselling it below market value, or installing energy storage systems. Additionally, it mandates that any sale order includes a reverter clause if the abatement plan is not completed as specified.

Furthermore, the bill stipulates that energy storage systems, as defined in 39-33-1, proposed for abandoned or contaminated properties will be considered a by-right, permitted use under municipal zoning codes. It clarifies that such systems will not be deemed to have significant negative environmental impacts and sets specific requirements regarding structural lot coverage, setbacks, and maximum height. The act aims to facilitate the development of energy storage solutions on abandoned or contaminated properties while ensuring compliance with local zoning regulations. This legislation will take effect upon passage.

Statutes affected:
8294: 34-44-12, 42-140.5-9
8294  SUB A: 34-44-12, 42-140.5-9