As used in NRS 459.860 to 459.892, inclusive, unless the context otherwise requires, the words and terms defined in NRS 459.862 to 459.876, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2003, 397)
“Administrator” means the Administrator of the Division. (Added to NRS by 2003, 397)
“Brownfield project” means a project for the remediation of a brownfield site for future or alternative use. (Added to NRS by 2003, 397)
“Brownfield site” has the meaning ascribed to it in 42 U.S.C. § 9601. (Added to NRS by 2003, 397)
“Brownfields Restoration Act” means the Small Business Liability Relief and Brownfields Revitalization Act, Public Law 107-118. (Added to NRS by 2003, 397)
“Commission” means the State Environmental Commission. (Added to NRS by 2003, 397)
“Division” means the Division of Environmental Protection of the State Department of Conservation and Natural Resources. (Added to NRS by 2003, 397)
“Federal grant” means money authorized by 42 U.S.C. § 9604(k) to create a revolving fund to finance the costs of brownfield projects. (Added to NRS by 2003, 397)
“Fund” means the Fund for Brownfield Projects created pursuant to NRS 459.878. (Added to NRS by 2003, 397)
1. The Fund for Brownfield Projects is hereby created in the State Treasury as a revolving fund, to be administered by the Division. 2. Money in the Fund may be used only to carry out brownfield projects authorized pursuant to the Brownfields Restoration Act. Interest and income earned on the money in the Fund must […]
Except as otherwise provided in NRS 459.882, money in the Fund, including reimbursements, repayment of principal and interest on loans and other financial assistance, and interest earned on money in the Fund, may be used only to finance the cleanup of brownfield sites or provide other assistance to brownfield projects. (Added to NRS by 2003, […]
With regard to the money from the federal grant in the Fund, the Administrator shall not spend more than the federally approved amounts for the administration and fiscal or financial oversight of the Fund. (Added to NRS by 2003, 398)
The Division shall: 1. Use the money in the Fund for the purposes set forth in the Brownfields Restoration Act. 2. Determine whether brownfield projects which receive money or other assistance from the Fund comply with the Brownfields Restoration Act. (Added to NRS by 2003, 398)
The Division may: 1. Prepare and enter into any agreements with the Federal Government for the acceptance of grants of money for the Fund. 2. Bind itself to terms of such an agreement. 3. Accept grants made pursuant to the Brownfields Restoration Act. 4. Manage the Fund in accordance with requirements and objectives of the […]
The Administrator may impose and collect a fee, in an amount established by the Commission by regulation, from each recipient that receives financial assistance from the Fund. The fee must be used to defray the costs of administering the Fund. (Added to NRS by 2003, 398)
The Administrator may employ any legal, fiscal, engineering and other expert services necessary to carry out the Administrator’s duties pursuant to NRS 459.860 to 459.892, inclusive. (Added to NRS by 2003, 398)
The Commission may adopt such regulations as are necessary to carry out the provisions of NRS 459.860 to 459.892, inclusive. (Added to NRS by 2003, 398)
