FLORIDAHB 527:Addresses Brownfield and Voluntary Cleanup Tax Credit Issues. Signed into law by Governor Charlie Crist on June 30, 2008 and is retroactive to January 1, 2008. Under this new law, Voluntary Cleanup Tax Credits (VCTC’s) can now be issued for new redevelopment activities that were often the responsibility of solid waste sites that were redevelopment targets. Specifically, 1) sorting and screening work that separates solid waste for reuse, recycling or disposal; 2) transportation of this solid waste to an off-site solid waste management facility or to a temporary on-site or off-site staging area; and 3) the ultimate disposal or recycling of solid waste material, are now eligible for VCTC’s. Applicants for a VCTC are only allowed to file one solid waste VCTC application after cleanup of solid waste materials has been completed. (Source: The Florida Brownfields Association)

LOUISIANA R.S. 47:6021: Brownfield Investor Credit. Pro-vides a credit of 15 percent towards environmental investigation costs and 50 percent towards environmental remediation costs incurred as part of a Voluntary Remediation Investigation (VRI) or a Voluntary Remedial Action (VRA) to individuals to encourage the cleanup, redevelopment and productive reuse of brownfields sites in the state. The credit is obtained through the Department of Economic Development and the Department of Environmental Quality. These credit guidelines are applicable only to VRI’s or VRA’s approved on or after January 1, 2008. (Source: Louisiana Dept. of Environmental Equality) ...

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