Environmental
Wyoming enacted the Voluntary Cleanup Program (VCP) to make contaminated properties more marketable. Completion of the VCP provides:
AAbsolute immunity from all future environmental claims
BA 'covenant not to sue' from the state for defined contamination, making the property more financeable and marketable✓ Correct
CA federal tax credit for remediation costs
DA guarantee that no contamination remains
Explanation
The Wyoming DEQ's VCP provides property owners who complete approved remediation with a covenant not to sue for the defined contamination. This regulatory closure removes the uncertainty of open environmental liability, making contaminated properties more attractive to buyers and lenders.
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