The Act alters the reporting fees and liability of owners of property that falls under Georgia's Hazardous Waste Management laws. The Act exempts certain person from liability for clean-up costs and punitive damages by changing the definition of "a person who has contributed or who is contributing to a release." It changes the fee schedule to one based on the size of the reported release of hazardous substances. The Act exempts a "bona fide purchaser" from liability for third-party claims for contribution or damages and further allows certain buyers of particular property to exempt themselves from liability for clean-up costs and punitive damages.
