Common use of VOLUNTARY CLEANUP TAX CREDIT PROGRAM Clause in Contracts

VOLUNTARY CLEANUP TAX CREDIT PROGRAM. Not all activities that are approved or performed in association with a BSRA are eligible for the state's Voluntary Cleanup Tax Credit (VCTC). In accordance with § 376.30781, F.S., only the costs of voluntary cleanup activity incurred and paid by the applicant that are integral to site rehabilitation or for solid waste removal are eligible for the VCTC. {If there are multiple PRFBSRs, include the following sentence: Applicants will work together to jointly request tax credits pursuant to §376.30781(3)(b), F.S.} "Site rehabilitation" as defined in §376.79(19), F.S., means the assessment of site contamination and the remediation activities that reduce the levels of contaminants at a site through accepted treatment methods to meet the cleanup target levels established for that site. “Solid waste removal” as defined in §376.30781(3), F.S., means removal of solid waste from the land surface or excavation of solid waste from below the land surface and removal of the solid waste from the xxxxxxxxxx site. Contamination assessment or remediation paid for by the State of Florida for a discharge that is eligible for a state-funded cleanup under the Drycleaning Solvent Cleanup Program (DSCP) or one of the Petroleum Restoration Program’s (PRP) eligibility programs, may not be used to calculate a tax credit. Likewise, expenses incurred that are statutorily-required to participate in the DSCP (i.e., deductibles) or one of the PRP eligibility programs (i.e., deductibles, review fees, limited contamination assessment reports, and co-payments), are not eligible for the state's VCTC. Nothing contained herein is intended to limit the VCTC otherwise available to the PRFBSR under applicable law. General information about the VCTC Program is available at xxxxx://xxxxxxxxxx.xxx/waste/waste-cleanup/content/voluntary-cleanup-tax-credit For specific questions regarding the VCTC Program, please contact the Department’s Waste Cleanup Program at (000) 000-0000.

VOLUNTARY CLEANUP TAX CREDIT PROGRAM. Not all activities that are approved or performed in association with a RCRA BSRA are eligible for the state's Voluntary Cleanup Tax Credit (VCTC). In accordance with § 376.30781, F.S., only the costs of voluntary cleanup activity incurred and paid by the applicant that are integral to site rehabilitation or for solid waste removal are eligible for the VCTC. {If there are multiple PRFBSRs, include the following sentence: Applicants will work together to jointly request tax credits pursuant to §376.30781(3)(b), F.S.} "Site rehabilitation" as defined in §376.79(19), F.S., means the assessment of site contamination and the remediation activities that reduce the levels of contaminants at a site through accepted treatment methods to meet the cleanup target levels established for that site. For RCRA sites, the term includes removal, decontamination, and corrective action of releases of hazardous substances. “Solid waste removal” as defined in §376.30781(3), F.S., means removal of solid waste from the land surface or excavation of solid waste from below the land surface and removal of the solid waste from the xxxxxxxxxx site. Contamination assessment or remediation paid for by the State of Florida for a discharge that is eligible for a state-funded cleanup under the Drycleaning Solvent Cleanup Program (DSCP) or one of the Petroleum Restoration Program’s (PRP) eligibility programs, may not be used to calculate a tax credit. Likewise, expenses incurred that are statutorily-required to participate in the DSCP (i.e., deductibles) or one of the PRP eligibility programs (i.e., deductibles, review fees, limited contamination assessment reports, and co-payments), are not eligible for the state's VCTC. Nothing contained herein is intended to limit the VCTC otherwise available to the PRFBSR under applicable law. RCRA regulatory requirements under Rules 62-730.226 (Financial Assurance), and 62-730.220 (Applications for Permits and Other Authorizations), F.A.C., are not eligible for VCTC. Only costs directly associated with corrective action conducted under Rule 62-730.225, F.A.C., are eligible for VCTC. General information about the VCTC Program is available at xxxxx://xxxxxxxxxx.xxx/waste/waste-cleanup/content/voluntary-cleanup-tax-credit xxxxx://xxxxxxxxxx.xxx/waste/waste-cleanup/content/voluntary-cleanup-tax-credit. For specific questions regarding the VCTC Program, please contact the Department’s Waste Cleanup Program at (000) 000-0000.

VOLUNTARY CLEANUP TAX CREDIT PROGRAM. Not all activities that are approved or performed in association with a BSRA are eligible for the state's Voluntary Cleanup Tax Credit (VCTC). In accordance with § 376.30781, F.S., only the costs of voluntary cleanup activity incurred and paid by the applicant that are integral to site rehabilitation or for solid waste removal are eligible for the VCTC. {If there are multiple PRFBSRs, include the following sentence: Applicants will work together to jointly request tax credits pursuant to §376.30781(3)(b), F.S.} "Site rehabilitation" as defined in §376.79(19), F.S., means the assessment of site contamination and the remediation activities that reduce the levels of contaminants at a site through accepted treatment methods to meet the cleanup target levels established for that site. “Solid waste removal” as defined in §376.30781(3), F.S., means removal of solid waste from the land surface or excavation of solid waste from below the land surface and removal of the solid waste from the xxxxxxxxxx site. Contamination assessment or remediation paid for by the State of Florida for a discharge that is eligible for a state-funded cleanup under the Drycleaning Solvent Cleanup Program (DSCP) or one of the Petroleum Restoration Program’s (PRP) eligibility programs, may not be used to calculate a tax credit. Likewise, expenses incurred that are statutorily-required to participate in the DSCP (i.e., deductibles) or one of the PRP eligibility programs (i.e., deductibles, review fees, limited contamination assessment reports, and co-payments), are not eligible for the state's VCTC. Nothing contained herein is intended to limit the VCTC otherwise available to the PRFBSR under applicable law. law.‌ General information about the VCTC Program is available at xxxxx://xxxxxxxxxx.xxx/waste/waste-cleanup/content/voluntary-cleanup-tax-credit For specific questions regarding the VCTC Program, please contact the Department’s Waste Cleanup Program at (000) 000-0000.0000.‌