(1) There is hereby established in the state treasury a fund to be known as the Idaho community reinvestment pilot initiative fund which shall consist of moneys appropriated to the fund, donations, gifts and grants from any source and any other moneys which may hereafter be provided by law. The state treasurer shall be the custodian of the fund and shall invest said moneys in accordance with law. Any interest earned on the moneys in the fund shall be deposited in the fund. Moneys in the fund shall be disbursed in accordance with the directions of the director of the department of environmental quality. All moneys in the fund are perpetually appropriated to the director for expenditure in accordance with the provisions of this section.
(2)  The state of Idaho hereby authorizes financial assistance to eligible property owners conducting voluntary cleanup actions pursuant to this chapter. The financial assistance authorized by this section shall not exceed one hundred fifty thousand dollars ($150,000) per project and shall be limited to, subject to the one hundred fifty thousand dollars ($150,000) maximum, seventy-percent (70%) of a project’s qualifying remediation costs certified by the department pursuant to this section.
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Terms Used In Idaho Code 39-7211

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.
  • Department: means the department of environmental quality. See Idaho Code 39-7203
  • Eligible property owner: means any individual, association, partnership, firm, joint stock company, trust, estate, private corporation, or any other nonpublic entity that is the current owner of a contaminated property, but that did not cause, contribute, or consent to the release that led to the contamination or own the property at the time of the release that led to the contamination. See Idaho Code 39-7203
  • Month: means a calendar month, unless otherwise expressed. See Idaho Code 73-114
  • Property: includes both real and personal property. See Idaho Code 73-114
  • Qualifying remediation costs: means reasonable costs incurred performing remediation activities integral to achieving the cleanup goals identified in a remediation work plan approved by the department. See Idaho Code 39-7203
  • Remediation: means any of the following:
Idaho Code 39-7203
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
  • Technical professional: means a professional geologist or professional engineer registered in the state of Idaho. See Idaho Code 39-7203
    • (3)  Pursuant to general fund appropriation, the maximum overall financial assistance authorized by this section is one million five hundred thousand dollars ($1,500,000) in qualified remediation cost expenditures. A maximum of ten (10) projects may participate in the initiative.
    (4)  The department shall establish an annual priority list for community revitalization projects. The priority list shall be used as the method for allocating funds under this initiative.
    (a)  On an annual basis, the department shall establish, at a minimum, a continuous three (3) month calendar period in which eligible property owners may submit a written request, on a standard form developed by the department, to participate.
    (b)  On an annual basis, the department shall develop a priority list based on a weighted numerical points system established by the department. The rating system shall consider the following criteria wherein the department shall weigh each succeeding criteria less heavily than the preceding criteria:
    (i)   Whether the project is located in a city with a population of under twenty thousand (20,000) residents;
    (ii)  The level of social and economic benefit expected from the proposed reuse plan;
    (iii) Whether contamination is preventing or complicating redevelopment;
    (iv)  Whether a reuse plan meets local planning and reuse goals, is compatible with long-term plans, and is ready to proceed;
    (v)   The level of human health risks the cleanup will remedy;
    (vi)  Current property conditions, including building safety concerns, vacancy rates and the level of negative visual impact the property has on the community.
    (c)  The department shall maintain annual priority lists of the twenty-five (25) highest priority projects.
    (d)  After finalizing the priority list, the department shall contact, in writing, the eligible property owners that submitted the ten (10) highest ranked priority projects and will set a target date for the eligible property owners to enter into a voluntary remediation agreement as described in subsection (1) of section 39-7205, Idaho Code.
    (e)  The department may bypass a project, and submit in its place the next highest priority project on the project list, for any of the following reasons:
    (i)   The eligible property owner fails to enter into a voluntary remediation agreement by the target date established by the department;
    (ii)  The eligible property owner, in writing, withdraws its request to participate; or
    (iii) The voluntary remediation agreement is terminated or rescinded by the department prior to commencement of remediation as described in the voluntary remediation agreement approved by the department.
    The department shall notify the bypassed eligible property owner of the reason or reasons for the bypass.
    (5)  Eligible property owners may request a community investment rebate by submitting documentation and certifications enumerated in paragraphs (a) through (c) of this subsection to the department. Eligible property owners shall submit this information no more than sixty (60) days after the department issues a certificate of completion for the project. Eligible property owners must receive a written certificate of completion from the department before the department may certify qualifying remediation costs or provide a community reinvestment rebate. Information to be submitted includes:
    (a)  Copies of contracts and documentation of contract negotiations, accounts, invoices, sales tickets, or other payment records from purchases, sales, leases, or other transactions involving actual costs incurred completing remediation activities in accordance with the work plan approved by the department;
    (b)  Notarized documentation completed and signed by the participant certifying that all information contained in the application, including all records of claims, costs incurred, and costs paid, are true and correct and constitute qualifying remediation costs;
    (c)  Notarized documentation completed and signed by a technical professional certifying that a technical professional oversaw all remediation work plan activities and that all costs associated with documents submitted pursuant to this subsection constitute qualifying remediation costs.
    (6)  Community reinvestment rebate requests shall be reviewed and certified as follows:
    (a)  The department shall review each community reinvestment rebate request and determine whether the request is complete. If the department determines the request is incomplete, the department shall return the request, with the deficiencies indicated, to the eligible property owner by certified mail;
    (b)  Once a community reinvestment rebate request is deemed complete, the department shall review the request and determine the project’s qualifying remediation costs. The department shall then issue a certification of the qualifying remediation costs for all those costs found to be reasonable by the department;
    (c)  The department shall issue the eligible property owner a community reinvestment rebate in the amount it certified as qualified remediation costs no more than thirty (30) days after department certification;
    (d)  Any eligible property owner or technical professional determined in a civil enforcement action to have submitted a false statement, representation or certification in any application, record, report, plan or other document submitted to the department, shall reimburse the state of Idaho for moneys wrongfully rebated and shall be liable for civil penalties and expenses incurred by the department in accordance with chapter 1, title 39, Idaho Code.
    (7)  Eligible property owners that receive a community investment rebate are not eligible to receive the property tax exemption established under section 63-602BB, Idaho Code.