Illinois Administrative Code › Title 35 - ENVIRONMENTAL PROTECTION › Part 740 - SITE REMEDIATION PROGRAM › Subpart G - REVIEW OF REMEDIATION COSTS FOR ENVIRONMENTAL REMEDIATION TAX CREDIT › Section 740.725 - Remediation Costs

Current through Register Vol. 48, No. 28, July 12, 2024
a) Activities,
				materials, labor, equipment, structure and service costs that may be approved
				by the Agency as remediation costs for the environmental remediation tax credit
				under Section 201(l) of the Illinois Income Tax Act [35 ILCS
				5/201(l) ] include, but are not
				limited to, the following:
1) Preparation of
				bid documents and contracts for procurement of contractors, subcontractors,
				analytical and testing laboratories, labor, services and suppliers of equipment
				and materials;
2) Engineering
				services performed in accordance with Section 58.6 of the Act and implementing
				regulations at Sections
				740.235
				and
				740.405
				of this Part;
3) Site assessment
				and remedial investigation activities conducted in accordance with Sections
				740.410,
				740.415,
				740.420
				and
				740.430
				of this Part;
4) Report or plan
				preparation conducted in accordance with Sections
				740.425,
				740.435,
				740.445,
				740.450 and
				740.455
				of this Part;
5) Collection,
				analysis or measurement of site samples in accordance with Section
				740.415(d)
				of this Part;
6) Groundwater
				monitoring well installation, operation, maintenance and construction
				materials;
7) Removal, excavation,
				consolidation, preparation, containerization, packaging, transportation,
				treatment or off-site disposal of wastes, environmental media (e.g., soils,
				sediments, groundwater, surface water, debris), containers or equipment
				contaminated with regulated substances or pesticides at concentrations
				exceeding remediation objectives pursuant to an approved Remediation Objectives
				Report in accordance with Section
				740.445
				of this Part. Activities must be in compliance with all applicable state or
				federal statutes and regulations;
8) Clean backfill materials in quantities
				necessary to replace soils excavated and disposed off-site that were
				contaminated with regulated substances or pesticides at levels exceeding
				remediation objectives pursuant to an approved Remediation Objectives Report in
				accordance with Section
				740.445
				of this Part;
9) Transportation,
				preparation and placement of clean backfill materials pursuant to an approved
				Remedial Action Plan in accordance with Section
				740.450 of
				this Part;
10) Design, testing,
				permitting, construction, monitoring and maintenance of on-site treatment
				systems pursuant to an approved Remedial Action Plan in accordance with Section
				740.450 of
				this Part;
11) Engineering costs
				associated with preparation of a budget plan in accordance with Section
				740.705
				of this Subpart or an application for final review of remediation costs in
				accordance with Section
				740.710
				of this Subpart if prepared before the issuance of the No Further Remediation
				Letter (by the Agency or by operation of law);
12) Removal or replacement of concrete,
				asphalt or paving to the extent necessary to achieve remediation objectives
				pursuant to an approved Remedial Action Plan in accordance with Section
				740.450 of
				this Part;
13) Clay, soil,
				concrete, asphalt or other appropriate materials as a cap, barrier or cover to
				the extent necessary to achieve remediation objectives pursuant to an approved
				Remedial Action Plan in accordance with Section
				740.450 of
				this Part;
14) Placement of clay,
				soil, concrete, asphalt or other appropriate materials as a cap, barrier or
				cover to the extent necessary to achieve remediation objectives pursuant to an
				approved Remedial Action Plan in accordance with Section
				740.450 of
				this Part;
15) Destruction or
				dismantling and reassembly of above-grade structures to the extent necessary to
				achieve remediation objectives pursuant to an approved Remedial Action Plan in
				accordance with Section
				740.450 of
				this Part;
16) Costs associated
				with obtaining a special waste generator identification number not to exceed
				$100.