hazardous substance

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hazardous substance

Generally defined as a substance posing imminent and substantial danger to public health and welfare or the environment. The Superfund hazardous substances are specifically defined by inclusion lists within the following legislation:

• Comprehensive Environmental Response, Compensation and Liability Act (CERCLA)

• Clean Water Act

• Resources Conservation and Recovery Act

• Clean Air Act

• Toxic Substances Control Act

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
In recent years the monitoring of hazardous substances has become more exhaustive as new substances have been included in the survey because of new requirements by the EU.
If the level of hazardous substances in your facility is at or below the TRQ, the facility may be eligible for an exemption.
Observers report that the EEC countries are currently in the process of reviewing a first Regulation draft and are intensely negotiating the scope of products and the restriction limits for hazardous substances.
In addition, the Minister of Health, and specifically the Director-General: National Health and Population Development (DG), are mandated to administer the Hazardous Substances Act of 1973 by granting, suspending or revoking licences to importers, manufacturers and users of electromedical products (X-rays).
Public health consequences from hazardous substances acutely released during rail transit--South Carolina, 2005; selected states, 1999-2004.
Provisions requiring special consideration for brownfield sites, in areas with higher-than normal incidence of diseases or conditions associated with exposure to hazardous substances, were also approved.
Generally, a "hazardous substance" is any substance defined or designated in Sections 101(14) and 102 of the Comprehensive Environmental Response, Compensation and Liability Act of 1980.
* Emergency response operations without regard to location, where there is the release or a substantial threat of release of a hazardous substance.(6)
The Board currently is developing guidelines for bank examiners to follow in determining whether a lending institution has adopted appropriate procedures and safeguards to recognize potential hazardous substance problems.
Section 198 of the IRS Code provides a tax deduction on federal income taxes for "qualified remediation expenditures" that are incurred in connection with the remediation of "hazardous substances at a qualified contaminated site." (5) The Tax Relief and Health Care Act of 2006 extends this tax deduction until December 31, 2007 and expands the definition of hazardous substance to include petroleum products, a very common source of contamination on brownfields.

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