AN ACT relating to property redevelopment. Amend KRS 224.1-512 to redefine "remediation" and "site"; amend KRS 224.1-514 to update the application requirements, application fee, and public notice; replace a covenant not to sue with a corrective action liability agreement; amend KRS 224.1-516 to reduce the time for cabinet to notify applicant on the status of the application from 45 days to 30 days and update requirements for resubmittal; amend KRS 224.1-520 to specify the statutes that will be used to evaluate whether the site characterization plan is in conformity; delete detailed requirements for the corrective action plan; amend KRS 224.1-522 to include public comment period before taking action on the corrective action plan; delete the time frames associated with additional information submittals; amend KRS 224.1-524 to require notice for public comment to days after submitting corrective action plan and post signage; amend KRS 224.1-526 to deletes language referring to reimbursement of costs for cabinet site investigation; change covenant not to sue to correction action liability agreement; require the corrective action liability agreement to run with the land; amend KRS 224.1-528 to delete cabinet withdrawal from negotiations from the list of final determinations; make conforming changes; repeal KRS 224.1-518.