Thursday, March 22, 2012

Georgia State Rep. Lynn Smith's brownfield legislation passes House


State Rep. Lynn Smith, R-Newnan, is author of a bill intended to help encourage people to clean up and redevelop "brownfields."The Georgia Brownfield program offers liability protection and tax incentives for those who clean up environmentally damaged land.Under HB 1102, which passed the Georgia House of Representatives by a vote of 162 to 1, a person who purchases a brownfield property can apply for the brownfield program up to 30 days after closing on the property. Under current law, the application must be made before the person actually purchases the property. [More]