Further providing for grants and loans; providing for industrial sites cleanup financial assistance; making an interfund transfer; providing for transitional provisions; and making a repeal.
Impact
Should SB782 pass, it would have significant implications for state laws surrounding environmental cleanup and financial assistance. The bill proposes an interfund transfer to facilitate the necessary financing to support these initiatives, which could stimulate job creation in cleanup activities and related sectors. Additionally, the transitional provisions outlined in the bill suggest there will be changes in how current funding mechanisms are applied to cleanup projects, potentially making it easier to access necessary funds for those projects.
Summary
SB782 focuses on further provisions related to grants and loans, specifically targeting assistance for cleanup of industrial sites. The bill aims to enhance the financial support available for the remediation of such sites, acknowledging the need for investment in environmental cleanup as part of broader economic development strategies. By streamlining the process for funding and assistance, SB782 seeks to encourage both public and private investments in the cleanup of contaminated sites, thereby promoting economic revitalization in affected areas.
Sentiment
The sentiment surrounding SB782 appears to be generally positive among proponents who view this bill as essential for addressing environmental concerns while boosting local economies. Supporters argue that increasing financial assistance for industrial site cleanup can lead to a healthier environment and foster economic opportunities in previously neglected areas. However, there may also be reservations concerning the management of funds and the effectiveness of the proposed funding mechanisms.
Contention
Despite the overall support, some points of contention may arise regarding the allocation of funds and the potential for mismanagement or inefficiencies in the implementation of the bill's provisions. Critics may also question whether this approach adequately addresses the broader systemic issues surrounding industrial pollution and environmental justice. Discussions may focus on ensuring that the funds are used effectively and that cleanup efforts genuinely benefit local communities, rather than simply enabling further industrial activity.
Establishing the Rebuild Pennsylvania Board, the Rebuild Pennsylvania Program and the Rebuild Pennsylvania Fund; providing for powers and duties of the board and for use of program money; and making an interfund transfer.
Establishing the Rebuild Pennsylvania Board, the Rebuild Pennsylvania Program and the Rebuild Pennsylvania Fund; providing for powers and duties of the board and for use of program money; and making an interfund transfer.
Further providing for definitions, for creation of program, for incubator grants, loans and loan guarantees and for responsibilities of local sponsors; repealing provisions relating to challenge grants for seed capital funds; further providing for general powers and duties of the board and for indicators of program impact; providing for funding sources; repealing provisions relating to time limit on approvals; and making a repeal.
Further providing for title of act, repealing provisions relating to fee schedule, providing for definitions and for fees for recordation of documents and further providing for County Records Improvement Fund and for county demolition fund; and making repeals.
In general provisions, further providing for definitions; in applications and permits, further providing for permit and license application requirements; and making a repeal.
In general provisions, further providing for definitions; in applications and permits, further providing for permit and license application requirements; and making a repeal.
Revising the statutes to clarify and separate duties identified in the code between the Division of Emergency Management and the West Virginia Department of Environmental Protection