Section 6-1.1-42-0.3 - Legalization of certain brownfield revitalization zones, deductions in brownfield revitalization zones; voiding designations of other brownfield revitalization zones, deductions(a) A brownfield revitalization zone that was established or a deduction in a brownfield revitalization zone that was granted after June 30, 1997, and before May 3, 1999, in conformity with this chapter, as amended by P.L. 119-1999, is legalized and validated to the same extent as if the changes in P.L. 119-1999 had been part of P.L.59-1997.(b) A brownfield revitalization zone that was established or a deduction in a brownfield revitalization zone that was granted after June 30, 1997, and before May 3, 1999, in response to an applicant that: (1) had an ownership interest in an entity that contributed; or(2) contributed; a contaminant (as defined in IC 13-11-2-42) that is the subject of a voluntary remediation under IC 13-25-5 is void to the same extent as if P.L. 119-1999 had been part of P.L.59-1997.
Added by P.L. 220-2011, SEC. 132, eff. 7/1/2011.