Sec. 2. The Indiana brownfields program is established to assist in the remediation of brownfields to encourage the rehabilitation, redevelopment, and reuse of real property by providing grants, loans, forgivable loans, awards of professional services, or other financial assistance to or for the benefit of political subdivisions to conduct any of the following activities: (1) Identification and acquisition of brownfields within a political subdivision as suitable candidates for redevelopment. (2) Environmental assessment of identified brownfields, including assessment of petroleum and hazardous substances contamination, and other activities necessary or convenient to complete the environmental assessments. (3) Remediation activities conducted on brownfields, including: (A) remediation of petroleum and hazardous substances contamination; and (B) other activities necessary or convenient to complete remediation activities conducted on brownfields, including clearance of real property. (4) Other activities in conjunction with assessment and remediation activities necessary or convenient to prepare a brownfield for redevelopment.
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