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Is a site that has contaminated soil eligible for tax exemptions before the hazard has been cleaned up?

April 26, 2017cleaned contaminated eligible exemptions hazard site soil tax

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Is a site that has contaminated soil eligible for tax exemptions before the hazard has been cleaned up?

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There is no provision in the KOZ law that requires environmental issues to be addressed to qualify for KOZ tax benefits. However, local laws and building codes that preceded the creation of KOZ may make an area in a KOZ non-developable until clean up occurs.