SB 1319: Corporation Commission; processes for cities and counties to seek certain reimbursement; fair market value; requiring application to request use of certain funds; creating the Remediation Assistance Revolving Fund. Emergency.

Here is the simple version: This bill creates a new state fund to help cities and counties get reimbursed for cleanup projects. * **How it works:** Local governments can now apply to this new fund to get money back for these projects. * **The rules:** It sets a clear process for how that money is calculated based on "fair market value." * **Current status:** This is being treated as an "emergency" bill (meaning they want it passed quickly) and it is currently being debated in the Senate.