Modifications to CERCLA enacted in 1986. Sometimes referred to as the "Right to Know Law," it requires, among other things, that industry provide the government with information on the use and release of certain chemicals into the environment. This information is then made available to the public.
Following nearly two years of debate, SARA was passed in the final days of the 99th Congress in 1986. This statute was a complete rewrite of CERCLA and is four times as long. SARA created an $8.5 billion fund for cleaning up abandoned waste disposal sites and an additional $500 million for cleaning up leaking underground petroleum tanks.
The federal law passed in 1986 which amended CERCLA and provided additional money and further direction for the federal Superfund program.
Law and amendments to CERCLA that address liability, compensation, cleanup and emergency response for hazardous substance releases. Title III of SARA established the Emergency Planning and Community Right-to-Know Act of 1986 (EPCRA). to top
An amendatory statute that contains stronger cleanup standards for contaminated sites, increased funding for Superfund and clarifications of lender liability and innocent landowner immunity. (See Comprehensive Environmental Response, Compensation and Liability Act) EPA—SARA Overview
Enacted in 1986 to revise and extend CERCLA. SARA and CERCLA framed the program to carry out the EPA solid waste emergency and long-term removal/remediation activities (ORNL 1999a).
An amendatory statute that contains stronger cleanup standards for contaminated sites, increased funding for Superfund and clarifications of lender liability and innocent landowner immunity. surety bond: An agreement by an insurance or bonding company to be responsible for certain possible defaults, debts or obligations contracted for by an insured party; in essence, a policy insuring one's personal and/or financial integrity. In the real estate business a surety bond is generally used to ensure that a particular project will be completed at a certain date or that a contract will be per formed as stated.
Law hat confirmed the continued existence of superfund. SARA put more teeth into CERCLA, though SARA provides an innocent landowner defense, for a buyer who conducted a Phase I environmental study before the acquisition, with negative results.
