SB 862 - Engler, Kevin
Allows the use of "environmental covenants"
Bill Details
Sponsor
LR Number
4373S.02C
Title
SCS SB 862
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2006
Current Status
S Informal Calendar S Bills for Perfection
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SCS/SB 862 - The act establishes the concept of environmental covenants; a standardized voluntary mechanism by which participants in risk based property clean ups can enter into a covenant to ensure that specific limitations on site usage required by the clean up are maintained in perpetuity or until amended. The act describes the requirements that must be satisfied before a covenant can be approved as such, the powers and restrictions of a covenant, and the process by which such covenants can be amended or terminated.
The act directs the Department of Natural Resources to establish a database to maintain a comprehensive list of all covenants in the state.
The act exempts aboveground and underground storage tanks as they are defined in Section 319.100, RSMo, from the provisions in the act.
MEGAN WORD