Carpino Works to Promote Economic Growth in CT
HARTFORD- State Rep. Christie Carpino (32) hailed the passage of new state regulations streamlining the process of cleaning up and redeveloping brownfields and other sites requiring environmental remediation in an effort to boost Connecticut’s economic growth.
Businesses in Connecticut have long viewed the Transfer Act, as a major impediment to the transfer and redevelopment of contaminated properties.
“Modernizing the Connecticut Transfer Act is essential for unlocking economic development and environmental cleanup. By replacing outdated, overly burdensome requirements with a tailored approach, we can protect public health while allowing properties to be safely redeveloped and returned to productive use,” said Rep. Christie Carpino, Co-Chair of the Regulations Review.
In 2020, the legislature passed Public Act 20-9 to replace the Transfer Act with a new release-based cleanup program. The new program will become effective with the passage of a new set of release-based cleanup regulations approved in an unanimous vote at the April 22nd Regulations Review meeting.
“Advocates, industry professionals, business associations, and multiple state agencies worked together to create a regulatory environment that will foster cleanup up of these properties -and encourage them to be reimagined as tools to spur economic development in our towns. This is a big step forward for Connecticut,” said Carpino.
Connecticut’s property transfer law, commonly referred to as the “Transfer Act,” regulates the transfer of real property on which, or a business operation from which, (1) hazardous waste was generated or processed or (2) a dry cleaning, furniture stripping, or vehicle body repair business operated. The Transfer Act generally requires the disclosure of environmental conditions and in some cases, investigation, and remediation.