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Lawmakers weigh upfront bonds, timing fixes to Industrial Siting impact assistance after local officials cite Dyno Solar and Natrium
Summary
County officials, mayors and DEQ officials debated requiring developers to post bonds or authorizing earlier payments from Industrial Siting impact assistance to help towns buy long-lead safety and infrastructure items; committee considered but did not approve an immediate bill draft.
A separate and extended portion of the interim session focused on the Industrial Siting Act and how local governments receive impact-assistance funds for large projects.
Several legislators and local officials urged a change in timing so local governments are not required to buy long-lead equipment and then wait years for reimbursement. Senator (speaker 27) proposed allowing the Industrial Siting Council to reserve or trigger distributions earlier once a permit is issued, potentially by requiring a developer bond so counties and towns can draw down funds before construction begins.
DEQ Director Todd Parfit and Industrial Siting administrator Jenny Stabin explained the statute’s two principal functions: (1) identify and require mitigation of social, economic and environmental impacts through interagency review, and (2) provide impact-assistance funds to local governments for unmitigated impacts in five statutory categories (medical,…
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