Wednesday, June 25, 2008

Bill Promotes Brownfield Redevelopment

A measure to promote brownfield development has received the unanimous approval of the state Senate. The legislation would reimburse developers up to 75% of the cost of brownfield cleanup. Bill sponsor Rob Wonderling says the best part about the bill is that it will cost nothing to taxpayers. Developers would be reimbursed based on their ability to generate new tax revenue in communities where they build.

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