ENTITLED, An Act to  establish the brownfields revitalization and economic development program and to provide for the continuous appropriation of certain federal funds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
     Section  1.  That chapter 46A-1 be amended by adding thereto a NEW SECTION to read as follows:

     Terms used in this Act mean:

             (1)    "Brownfields revitalization and economic development program," a program to provide funding to assist in the assessment, cleanup, and redevelopment of brownfields sites;

             (2)    "Brownfields site," real property, the expansion, redevelopment, economic development, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant;

             (3)    "Petroleum," petroleum substances, oil, gasoline, kerosene, fuel oil, oil sludge, oil refuse, oil mixed with other wastes, crude oils, substances, or additives to be utilized in the refining or blending of crude petroleum or petroleum stock, and any other oil or petroleum substance;

             (4)    "Petroleum contaminated site," a site contaminated by petroleum; and

             (5)    "Real property," residential, commercial, or industrial properties.
     Section  2.  That chapter 46A-1 be amended by adding thereto a NEW SECTION to read as follows:

     The state brownfields revitalization and economic development program is hereby established. A brownfields revolving loan subfund and a brownfields assessment and cleanup subfund are created within the water and environment fund established pursuant to §  46A-1-60. The subfunds shall be maintained separately; and all money for use in the program shall be deposited into the subfunds,

including the nonadministrative portion of all federal brownfields revitalization program grants, all repayments of assistance awarded from the subfunds, interest on investments made on money in the subfunds, proceeds of discretionary bond issues allowed by §  46A-1-31, and principal and interest on loans made from the subfunds. Money in the subfunds may be used only for purposes authorized under federal law. The subfunds may be pledged or assigned by the district to or in trust for the holders of the bonds of the district and may be transferred to and held by a trustee or trustees pursuant to §  46A-1-39.
     Section  3.  That chapter 46A-1 be amended by adding thereto a NEW SECTION to read as follows:

     Money from the brownfields revitalization and economic development program subfunds shall be disbursed and administered according to rules promulgated by the Board of Water and Natural Resources pursuant to chapter 1-26, §  46A-1-65, and the provisions of this Act. The provisions of § §   46A-1-61 to 46A-1-69, inclusive, do not apply to the brownfields revitalization and economic development program subfunds of the water and environment fund or grants and loans from the subfunds made under the brownfields revitalization and economic development program described in sections 2 to 5 of this Act, inclusive.
     Section  4.  That chapter 46A-1 be amended by adding thereto a NEW SECTION to read as follows:

     The Board of Water and Natural Resources shall promulgate rules pursuant to chapter 1-26 to implement the provisions of this Act consistent with the requirements of federal law in order for an approved brownfields revitalization and economic development program to become eligible for grant funds from the United States Environmental Protection Agency. The rules shall include criteria and procedures for the selection of projects to receive funds from the brownfields revitalization and economic development program and for the administration of the program including the terms of

settlement for program participants pursuant to §  34A-10-17.
     Section  5.  That chapter 46A-1 be amended by adding thereto a NEW SECTION to read as follows:

     The brownfields revitalization and economic development program subfunds are hereby continuously appropriated to the South Dakota Board of Water and Natural Resources. Money received for these programs may be used only for purposes authorized by the federal Small Business Liability Relief and Brownfields Revitalization Act (P.L. 107-118) as amended to January 1, 2004.
     Section  6.  That chapter 46A-1 be amended by adding thereto a NEW SECTION to read as follows:

     Any eligible entity may establish a brownfields program to prevent, assess, safely clean up, promote the economic development of, and sustainably reuse eligible brownfields sites as authorized in the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended to January 1, 2004, and in the Small Business Liability Relief and Brownfields Revitalization Act, P.L. 107-118 as amended to January 1, 2004.
     Section  7.  That chapter 46A-1 be amended by adding thereto a NEW SECTION to read as follows:

     Any eligible entity establishing a brownfields program may exercise all powers necessary or appropriate to carry out the purposes of this Act, including the following:

             (1)    To acquire by lease, purchase, gift, or other lawful means and hold in its corporate name or use and control as provided by law both real and personal property and easements and rights-of-way within or without the corporate limits for all purposes authorized by this Act or necessary to the exercise of any power granted in this Act;

             (2)    To convey, sell, give, dispose of, or lease both the personal and real property of the municipality or county as provided by this Act;

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             (3)    To borrow money and to issue certificates, warrants, general obligation bonds and non-ad valorem tax bonds for purposes of this Act;

             (4)    To accept funds, property, and services or other assistance, financial or otherwise, from federal, state, and other public and private sources to carry out the purposes of this Act;

             (5)    To contract or cooperate with any person, the state, or any political subdivision of the state, any federal agency, or any private or public entity to carry out the purposes of this Act;

             (6)    To plan, develop, construct, acquire, operate, clean, maintain, repair, alter, renovate, salvage, demolish, secure, abandon, consolidate, reclaim, or gather data and information concerning any brownfields site, or any related development, structure, or facility necessary to carry out the purposes of this Act;

             (7)    To apply for available grant funds and other governmental and nongovernmental financing options to promote the cleanup, reuse, revitalization, and economic development of the property consistent with the purposes of this Act; and

             (8)    To do and perform all acts authorized in this Act and all other acts necessary and proper for carrying out and exercising the powers granted by this Act.

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An Act to establish the brownfields revitalization and economic development program and to provide for the continuous appropriation of certain federal funds.

========================= I certify that the attached Act originated in the HOUSE as Bill No. 1175 ____________________________ Chief Clerk =========================      ____________________________ Speaker of the House Attest: ____________________________ Chief Clerk ____________________________ President of the Senate Attest: ____________________________ Secretary of the Senate House Bill No. 1175 File No. ____ Chapter No. ______

========================= Received at this Executive Office this _____ day of _____________ , 20____ at ____________ M. By _________________________ for the Governor ========================= The attached Act is hereby approved this ________ day of ______________ , A.D., 20___ ____________________________ Governor ========================= STATE OF SOUTH DAKOTA, ss. Office of the Secretary of State Filed ____________ , 20___ at _________ o'clock __ M. ____________________________ Secretary of State By _________________________ Asst. Secretary of State