Environmental
The 'Community Right-to-Know' provisions of SARA Title III require facilities in Louisiana that use certain hazardous chemicals to:
ARemove all hazardous chemicals from properties near residential areas
BReport chemical inventories and releases to state and local emergency planning committees✓ Correct
CConduct annual environmental impact assessments
DNotify the LDEQ before purchasing properties near hazardous facilities
Explanation
SARA Title III (Emergency Planning and Community Right-to-Know Act) requires facilities that use or store certain hazardous chemicals above threshold quantities to report inventories and releases to the State Emergency Response Commission and Local Emergency Planning Committees, and to make this information publicly available.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Gross Rent Multiplier (GRM)A quick valuation metric for income properties calculated by dividing the property price by gross annual rental income.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
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