PFAS is currently a hot topic in the environmental community, and with the help of a few high-profile corporate lawsuits and the film “Dark Waters,” has gained more widespread publicity. On December 2, 2019, the US House Committee on Energy and Commerce passed the PFAS Action Act of 2019 (H.R. 535), which, if approved by the Senate, would officially designate all PFAS compounds as pollutants under the Environmental Protection Agency’s Clean Air Act and as hazardous substances under the Clean Water Act, and therefore subject to all appropriate inquires during due diligence. What does all of this mean for you, your existing property or investment, and your environmental responsibility? Is it the end of the world if PFAS is found on your property?
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