How SB 113 changes current law

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill amends the Hazardous Substance Cleanup Act to clarify the calculation of the administrative cost cap and removes the expiration date for the tax assessment related to the Cleanup Fund.

• § 9113

  No greater than 15 percent % of the average of moneys deposited into the Fund shall over the previous 10 fiscal years → No greater than 15 percent of the average of moneys deposited into the Fund over the previous 10 fiscal years

  This change clarifies the wording regarding the calculation of the administrative cost cap.

• § 9114

  The tax assessment is due to expire on January 1, 2022.

  This change removes the expiration date for the tax assessment, ensuring continued funding for the Brownfields Development Program.