AB907: Bill Text

LRB-4309/1

RCT:kjf:jf

2003 - 2004 LEGISLATURE

2003 Assembly BILL 907

February 25, 2004 - Introduced by Representatives Johnsrud, Gunderson, Krawczyk and Pettis, cosponsored by Senators Panzer, Roessler and Kedzie. Referred to Committee on Natural Resources.

AB907,1,3 An Act to create 20.370 (6) (ef), 20.370 (6) (eg), 20.370 (6) (em) and 292.72 of the statutes; relating to: brownfield revolving loan programs and making appropriations.

Analysis by the Legislative Reference Bureau

Federal law authorizes the federal Environmental Protection Agency (EPA) to make grants to states and local governments to establish revolving loan programs for brownfields revitalization. Brownfields are sites the redevelopment or reuse of which may be complicated by the presence or potential presence of environmental contamination. The recipient of a federal grant may use the grant to provide loans or, in some cases, grants for the cleanup of brownfields.

This bill authorizes the Department of Natural Resources (DNR) to enter into an agreement with EPA to establish and administer a brownfields revolving loan program under which DNR would make loans or grants for the cleanup of brownfields. The bill also authorizes DNR to administer funds received from EPA by another governmental entity for the establishment of a brownfields revolving loan program.

For further information see the state fiscal estimate, which will be printed as an appendix to this bill.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB907, s. 1 Section 1. 20.370 (6) (ef) of the statutes is created to read:

AB907,2,4 20.370 (6) (ef) Brownfields revolving loan repayments. All moneys received in repayment of loans under s. 292.72, to make loans or grants for the remediation of brownfield sites under s. 292.72.

AB907, s. 2 Section 2. 20.370 (6) (eg) of the statutes is created to read:

AB907,2,9 20.370 (6) (eg) Brownfields revolving loan funds administered for other entity. All moneys received from another governmental entity under s. 292.72 (2), to administer a brownfield revolving loan program for the other governmental entity under s. 292.72 (2).

AB907, s. 3 Section 3. 20.370 (6) (em) of the statutes is created to read:

AB907,2,13 20.370 (6) (em) Federal brownfields revolving loan funds. All moneys received from the federal government under s. 292.72 (1), to make loans or grants for the remediation of brownfield sites under s. 292.72 (1).

AB907, s. 4 Section 4. 292.72 of the statutes is created to read:

AB907,2,20 292.72 Brownfields revolving loan program. (1) The department may enter into an agreement with the federal environmental protection agency under which the department receives funds under 42 USC 9604 (k) (3) (A) (i) to establish and administer a brownfields revolving loan program. If the department receives funds under this subsection, it may make loans or grants for the remediation of brownfield sites, as defined in 42 USC 9601 (39), in accordance with the agreement.

AB907,2,23 (2) At the request of another governmental entity, the department may administer funds received under 42 USC 9604 (k) (3) (A) (i) by the other governmental entity for the establishment of a brownfields revolving loan program.

AB907,2,24 (End)