SUBSTANTIAL CHANGES ON THE HORIZON REGARDING NEW JERSEY SITE REMEDIATION LAW
On March 16, 2009, the New Jersey Legislature passed the “Site Remediation Reform Act” (S. 1897/A.2962) (the “Act”), which is expected to be signed into law shortly. The Act represents a significant departure from current law by substantially overhauling the procedure by which environmental remediations will be conducted in New Jersey. The Act creates a licensing program for environmental consultants who will be known as “Licensed Site Professionals” (“LSPs”). The license is issued to individuals and not companies. A LSP will be responsible for the conduct of an environmental remediation from start to finish with limited oversight by the Department of Environmental Protection (the “DEP”).