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This bill exempts local government entities from annual environmental remediation fees when they acquire contaminated property through specific involuntary means (like bankruptcy, tax foreclosure, eminent domain, or redevelopment efforts). It directly affects municipalities and counties that inherit such properties, removing a financial obligation under two key environmental laws: the Site Remediation Reform Act and the Brownfield and Contaminated Site Remediation Act. The exemption applies only to fees for contamination that existed *before* the government entity gained ownership. This change aligns with existing liability exemptions but eliminates the annual fee burden for these properties.
This bill exempts New Jersey local governments from annual cleanup fees for contaminated properties they acquire through bankruptcy, tax delinquency, eminent domain, or similar involuntary means (like escheat or abandonment), or for redevelopment purposes. It applies to properties where contamination existed before the government took ownership, covering fees under the Site Remediation Reform Act and Brownfield and Contaminated Site Remediation Act. Currently, these governments are exempt from liability for past contamination but still pay annual fees; this bill removes that fee obligation. The exemption applies immediately upon enactment.